rsi divergence + rsi also ready to give breakout as shown in chart volume rising in lower time frames very strong closing in weekly time frame trading near resistance area without follow on sell off
-Atr getting support from 50 ema and trendline now closed above resistance -very high volume with strong closing candle and rsi is also rising -adx high and macd crossover done showing strength in momentum -above all major levels can give decent return keep in radar
Today stock close at ath with good volume, we enter above today high, Upside & downside mention on chart..keep on radar
With the company getting 1 tender and a 2nd one being floated, next year could be a good one for the company. Long above 73.40 (Wedge breakout) and again above 79 (new high). SL for the first trade will be 66.50.. (Keeping the trailing 50EMA as a stoploss)
The stock has recently undergone a breakout from a cup and handle pattern on the weekly chart, and this breakout was accompanied by strong trading volumes. Subsequently, the stock retraced to retest the breakout levels and demonstrated a bounce with noteworthy volumes. This sequence of events, including the breakout, retest, and rebound, suggests a strong and...
BCL industries is looking good on weekly time frame. Stock is trading near all time high resistance levels. Keep on radar for breakout.
BCL Industries is looking good on monthly time frame. Stock is attempting breakout on monthly time frame. In past, whenever stock give breakout on monthly time frame, it get almost double within shorter time span. Company is also planning share split. Keep on radar.
Chart -> BCL Industry Weekly All time high breakout in BCL Industry, with volume pop ups. Good for medium term. CMP: 557 Good Range To Buy: 500 to 550 Targets: 680, 780 SL: 450 Weekly Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking...
BCL:- BREAKOUT WITH GOOD CLOSING.... Wait for retest BCL IS ONE OF THE LARGEST AGRO PROCESSING COMPANY IN NORTH INDIA. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other...
Beautiful Cup and Handle Breakout by BCL IND. I have shared my analysis, need to wait for a small retracement to take the positions. Looks good target in upcoming days/weeks. Please consult your financial advisor before investing. Thanks!
NSE:BCLIND potential to give 2X returns in coming months gave nice breakout on weekly timeframe at 460 in may in july pulled back and retested the breakout zone and now in september it is back to resuming its upward journey cmp is 552 This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell...
#BCLInd CMP 554. SHowing a very good CnH BO with good volume. They are into Ethanol, Edible OIl manufacturing. Seems strong and ready for good upmove. Plese do ur own analysis before investing.
📌Ascending Triangle Pattern ✅Keep an Eye BCLIND + Big Base BO in progress + Validated with Volume + Above Key EMAs
BCL Industries is consolidating near all time breakout level. Keep on radar.
BCL Industries is looking good on chart. Keep on radar for breakout.
BCL Industries is looking good to break darvas box. Trading near all time high level. Keep on radar.
BCL Industries is looking good to break around 1.5 years range consolidation. Keep on radar.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...