BLS SHOWS GOOD STRENGTH IT seems good strength at upside with huge volume supply (cup & handle pattern) 1st target 10 %,2nd target 15%.
This is only for education purpose & it is not a recommendation for buy sell.
BLS trade ideas
BLS International - Cup & Handle Breakout (2 Cup & Handles)BLS International is giving a All Time High Breakout and Cup & Handle Breakout. We can see price moving towards 555 and 720. Other factors:
1. Highest Top-line; Profit and EPS
2. Sky is the limit for growth
3. One of the top 5 companies in this sector
4. Moving from 3rd party processing center to self owned centers - adding to more profitability
5. CUP & Handle in both Weekly & Daily time frame
6. Steady volumes
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BLS International Services - Breakout Setup, Move is ON...#BLS trading above Resistance of 476
Next Resistance is at 680
Support is at 364
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BLS International Services - Long Setup, Move is ON...#BLS trading above Resistance of 364
Next Resistance is at 476
Support is at 247
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BLS#BLS
Volume Pullback: The stock has pulled back from September highs on low volume, indicating a potential buying opportunity.
200MA Support: The stock has successfully tested and held above its 200-day moving average multiple times, suggesting strong support.
Relative Strength: The stock's relative strength versus Nifty has improved on the weekly chart, indicating out performance.
BLS International: Cup & Handle Breakout with Promising GrowthBLS International: Cup & Handle Breakout with Promising Growth Potential"
Stock: BLS International Services Ltd.
Analysis:
BLS International is showing a bullish cup and handle pattern on the daily timeframe, a classic indicator of potential upward momentum. Backed by increasing institutional confidence and a long-term growth opportunity in the visa and passport services sector, the stock looks well-positioned for an upside.
Key Highlights:
Technical Setup:
Cup & Handle Formation: Indicates a potential breakout. Monitor for volume confirmation above the breakout level. RSI also looks strong.
Institutional Confidence:
FII/FPI Holdings: Increased from 7.40% to 8.96% in Sep 2024 quarter.
Number of FII/FPI Investors: Rose from 121 to 148, signaling rising interest.
Mutual Funds: Increased holdings from 0.87% to 1.13%.
Institutional Investors: Overall stake increased from 8.75% to 10.67%.
Industry Insight:
With only 7.2% of Indians holding passports, the growth in passport issuance and visa applications could drive long-term benefits for companies like BLS International.
Trade Plan:
Entry: Post a confirmed breakout above the handle resistance. already active
Targets: ₹470 (short-term), ₹500 or above (mid-term).
Stop Loss: Below ₹420 to manage risk.
Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
Breakout BLSBLS has given breakout from triangle pattern. Next target would be around 468 which is almost 8-9% from the current price
BLS International Good long term investment bet. Near term support S1 - 370 , S2 -360 S3 - 340 R1 425
cup&handle in BLS INTERNATIONALBLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, and is the biggest global players in visa application outsourcing.
Its clientele includes Indian Overseas Bank, SBI, Punjab National Bank, HDFC Bank, etc. It has a network of over 27,000 business correspondents, 1,10,000 touchpoints, and 1,000+ e-stores spread across 52 districts and over 26,000 centres in India.
BLS International Services LimitedBLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, and is the biggest global players in visa application
BLS INTERNATIONAL SERVICESBLS INTERNATIONAL SERVICES, after a sharp sell off correction BLS Will recover and again will move upwords as per chart, and our target also achiev very soon n fast , watch it
BLS BREAKOUT STOCK - SWING STOCKBLS Good above 460.
Taken Support From Trendline on Daily TF.
Momentum Indicators showing Bullish Strength.
Increase In Volume.
Weak Below 435.
Ready For Upside 500-550+
BLS - Cup and Handle -Breakout-DailyBLS - Cup and Handle -Breakout-Daily and retested neckline
Name - BLS
Pattern - Cup and Handle
Timeframe - Daily
Status - Breakout
Volume - very Good
Cmp - 444
Target - 537
SL - 402
BLS INTERNATIONAL SWING TRADE Good Consolidation Break above 420 with volume little down than buy range 395-400 sl 380 TG 440-460
Educational Ideas
To motivate us, Please like the idea If you agree with the analysis.
BLS INTERNATIONAL Good Fundamentals
Good Volume build up
Prior up trend
Strong sector
Strong stock
Good support near 21EMA
BLS INTERNATIONAL AN INTERESTING CHART ABCD
BLS International Services Ltd. is an interesting chart with following
TECHNICALS:
RSI on all time frames above 60
Narrowing Bollinger Bands on weekly chart
Cluster of Averages support at 340-360 levels with 20 day SMA at 356; 20 week SMA at 339 and 50 day SMA at 346 levels
ABCD Pattern under formation on weekly chart
Price walking near upper Bollinger bands on daily and weekly charts
Price gain with rising volumes
Lets See How it evolves
FUNDAMENTALS
Company is almost debt free.
Company has delivered good profit growth of 33.1% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
BLS INTERNATIONALBLS International, after a corona, there is boom is travel and tourism industry, and company is opening its new apporovals from many countries for there visa processing, so stock is in limelight
BLS International Looks Solid1. Retest of the resistance done
2. Price surge above 20–50 sma with huge volumes
3. 200 sma rising
BLS INT_Retest Support and Bounce Back.A Retest in the stock market refers to a situation where a stock or market index approaches a significant technical level (support or resistance) that it has previously touched, and traders and investors are watching to see whether it will break through that level or bounce off it. This is a key moment because it can signal a potential change in the stock's direction.
BLS International trading strategy for short term gainIt is a preferred partner for Embassies and Governments across the world, having an impeccable reputation for setting benchmarks in the domain of visa, passport, consular, e-governance, attestation, biometric, e-visa & retail services.
last 3 years net profit :
2022: 114 cr
2023: 220 cr
2024: 352 cr
promoters have over 70%.
can buy this stock if it can sustain above 360+ range on daily charts. nearest target of this stock could be 400-425.
LONG time (swing) risk managed entry BLS internationalsee on chart description of detailed idea behind this, this stock moving up from a 200,150,50 sma point...which is great...entry must be made with this 4 point risk mange system,because only problem is its not a leading stock( untill reach 2nd target) in its peer company
good luck entry....
if it goes as planned (2week) then will discuss future strategy on this entry, how to hold long time
BLS classical retracement in a bull run.The stock has had many bull rallies in the past and has been a multibagger. Despite the significant price movement, the stock is not considered inflated, as the fundamentals have kept pace with the increasing price demand. Historically, the stock moves in cycles of rallies and consolidations, and it is currently transitioning from a consolidation phase to a rally phase.
