BDL (WEEKLY SCLAE) is braking out from a 6-month consolidation, & making new lifetime high. During the consolidation it took support on its 200 DMA as well as the AVWAP from its prior consolidation B/O during Feb’22. The momentum indicator, RSI, also entered the bull zone above 60. If the B/O sustains and volume expands the counter can see some good rally in the...
BDL, a leading defence PSU in India engaged in the manufacture of surface to air missiles (SAMs), Anti- Tank guided missiles, under water weapons etc. Got an order for Akash weapon systems recently . A low debt company with zero promoter pledge consistently giving a good return. Now its in its 52 week high band with considerable volume shocks. Expecting a 10% move...
This is for your learning skills. Already in past to told your how we can avoid false break out. But not always as part of trading. So watch the BDL stock & follow below points for your education & learning. 1) Bullish Break candle at resistance area. 2) Very low volume as compare to previous High volume on bullish candles. 3) RSI not able to cross 60 levels....
BDL Inverted Head and Shoulder Pattern Taking 200 ema Support Fundamentally very good company SL -800 Target 20-40% upside
We can enter at small risk expect 6 to 10 percentage target
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...
Stock ready to move higher post retesting its support area, levels are on chart.
The general consensus is that the markets will be infra + defense friendly. With a war like environment around the globe and also on our eastern front..expect defense companies to continue to do well and receive higher than usual orders. Long above 960 with stoploss below 910.
Bharat Dynamics Ltd Cmp 962 dated 5-12-2022 1. H&S Pattern on chart BO above 975. 2. Triangle BO above 975. Buy above 975 for target 1000-1025-1060 SL 940 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any...
Symmetrical triangle formation. Overall defense sector is looking great too. HAL has already given a strong rally we could see in BDL in coming months too.
BDL has been moving in a similar fashion for the last 5-6 months. It's again ready to give a break out above the orange triangle. If closes and sustains above 986 we can see a move up to 100 points from here. SL 900.
Entry - 973 Entry Reason - Taking trend line support SL - Close below yesterday's close of 948.75 Target - 999
Study - Volume Contraction pattern and ascending triangle breakout with high volume Can do 10-15% upside. This chart is only for educational purpose.
good setup can go long for 1000+ price NSE:BDL Small stop loss risk reward of 3:1
Stockl Idea 1 BDL Bharat Dynamics Limited Stock has completed consolidation period and now this stock is in Stage 2 investments stock / Long term Financial Good
NSE:BDL Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
The breakout in volume with volume fizzled out after as evident by upper wick. The stock went sideways and volumes dried up. The stock stated to move up over the recent days on good volumes & made a new high today with good volumes. The stock is in continuous uptrend. SL 925 target : open, keep trailin SL as the stock is upmove.
Bharat Dynamics limited is an India PSU focusing on defence sector. Breakout on weekly chart above good volume bars.