Missile Maker Going Like a Missile. Good Technical Set up, Flag & Pennant Fundamentally Great. Exports Started first time by a Domestic Defence Mfg. ZERO DEBT High Dividend Payout
Excellent BO above the trend line and support during retracement go long with weekly close below the trend line
After a Bullish Trend, it tends to consolidate for some time and again continues its prior trend. 33% , 50%, 66% retracement level, is the level in which most bounce back and continue the prior trend. --- It kind of forming a FLAG pattern to. --- Volume looks good too.
Stock made its explosive move towards 1.618 fib level 380 from wave 2 and completed 3rd wave, extension 2.618 (478) is less likely. So fall to 0.382 or 0.5 fib levels expected in coming sessions. Sit tight and wait for entry near 315-295 target 400 Stop loss
1. New 52 week high 2. Strong weekly candle with huge volumes 3. Strong order book 4. Defense sector in focus One can buy partial quantity here and partial post retest if happens.
BDL IS SEEN TO REACT TO 299 AND 293 LEVELS IN THE COMING DAYS. KEEP STOP LOSS AT 320.
See the Chart, buy for T1-320, T2-349 , SL-253
Bharat Dynamics have given strong Breakout. SIP and Hold Patiently for Four Digit Price.
311 is resistance! if that is crossed then 345 in no time. Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
might head towards 340 and then 375! Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
on daily chart stock has perfomed triangle breakout. we can expect stock to move towards 310 levels.
The newly listed BHARAT_DYNAMICS of govt_of_india has beeen moving in a range sine its IPO in May. Currently testing the base for a Reversal or a breakdown.