BLS INTERNATIONAL WHAT IS YOUT VIEWBLS INTERNATIONAL IS THE STRONG MULTINATIONAL COMPANY, you see the strong volume breakout the monthly volume is a;; time high, I AM Bullish this share.
BLS trade ideas
#BLS International Flag & Pole Pattern With Volume Confirmation|BLS International Flag & Pole Pattern Spotted with Volume Confirmation.
Let's Look at the Context What's happening Here-:
As you can see this Stock is in Absolute Uptrend and recently it Spikes up and we saw a Good Bullish Momentum with good Volume after that it Goes into Sideways (Consolidation) But the Volume Didn't Fade Away at all . Which is kind of Good thing for this pattern to workout.
If you watch this in Smaller Time Frame (Hourly) you can see price is making Higher High which is again is a Good thing.
Let's Look at this way Price is Making Higher High it Means Buyers are still active and you can see their Participation and they are Buying at Every Level that why Chart is Making Higher High, After Sometime Seller will Give up and then they will Square off their Position then the Breakout will come.
If you have Any question feel free to ask .-
#BLS - Long term idea#BLS - Long term idea
CMP - 329.10
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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BLS international breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a long consolidation since September 2017, NSE:BLS has given a high volume breakout yesterday. The breakout came after a rating update by CRISIL which has reaffirmed its ‘CRISIL A-/Stable/CRISIL A2+’ ratings on the bank facilities of BLS International Services Ltd (BLS; a part of the BLS International group). During the 3rd quarter 2021-22 quarterly sales went up by 51%, quarterly profit went up by 102%, TTM sales went up by 52% and TTM profit went up by 178%. NSE:BLS is a buy with a stop just below Rs.291.
Other fundamentals:
1. BLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, counts amongst the top three global players in visa application outsourcing, with its presence in visa/ passport/ consular/ citizen services with 62 countries and 36 government clients and provides services through 2,325 offices worldwide.
2. BLS international expects a pickup in VISA demand with India deciding to resume international flight services and decline in COVID-19 cases.
3. Business risk profile continues to be driven by the strong market position with a presence in over 60 countries and presence in diversified revenue segment. Accordingly, an operating income growth is estimated in fiscal 2022 to over Rs 800 crore supported by addition of new orders and customers after experiencing a sharp decline of around 40% during FY21 on account of pandemic induced challenges on business demand. Improving scale is expected to support growth in operating margins to around 13% in FY22 (against 11.1% a year ago).
4. Overall, liquidity profile continues to remain supported by absence of debt obligations and healthy unencumbered cash and bank balances of over Rs 300 Cr as on 31st Dec, 2021.
5. CRISIL Ratings had upgraded its long-term rating on the bank facilities of BLS to ‘CRISIL A-/Stable’ from ‘CRISIL BBB+/Stable’ and reaffirmed the short-term rating at ‘CRISIL A2+’ on November 03, 2021.
6. The group offers services in visa processing, e-governance and banking correspondence. Apart from diversification into new business segments, addition of new clients in these segments has further strengthened the market position of the group. The group now covers over 46 missions, compared to only seven a few years back. In e-governance services, the group has three clients presently, compared to only one client two years ago; in the banking correspondent segment, Bank of Baroda has been added alongside the existing client - State Bank of India.
7. The financial risk profile remains robust supported by strong net worth of over Rs 500 Cr expected as on 31st Mar, 2022 and absence of debt in the capital structure resulting in expected nil gearing ratio. Debt protection metrics remained robust owing to low reliance on external debt, leading to expected interest coverage at over 60 times in fiscal 2022. In the absence of any debt funded capex plan, the financial risk profile is expected to remain robust over the medium term.
8. In the absence of any repayment obligation over the medium term, the entire cash accrual – projected at Rs 75-80 crore per annum – will aid financial flexibility. The fund-based bank limit was unutilised and the small limit is kept only for backup. Current ratio is estimated at around 11 times as on March 31, 2022, with healthy unencumbered cash balance at over Rs 300 crore as on December 31, 2021.
9. FII stake increased since September 2021 from 0.72% to 1.47%.
BLS INTERNATIONAL Buy SetupBLS INTERNATIONAL Buy Setup : high volume today / strong fundamentals / price above white resistance line can move price higher..
Cup & Handle Breakout in BLSDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
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 and the rest of the time they either consolidate or fall
Cup & Handle Breakout in BLS
Buy Today, Sell Tomorrow: BLS
Breakout in BLS InternationalBreakout in BLS International in Daily timeframe. One can enter now for a target of around 305.
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
BLS International | Breakout Soon🚀🚀 TA 260BLS International is forming cup and handle pattern in chart with excellent fundamentals and growth.
TA - 260<300<320++
BLS
The stock looks good above 247 level
ONE DAY BREAKOUT POSITIVE
STOPLOSS 227.5
TARGET 310
DURATION IS 3 TO 6 MONTHS
Buy PickTake entry after 233 ,tgt 257+ ,SL-224
Take the position at your own risk as indices are bearish sentiment.
BLS International Services LimitedA strong weekly close above the trendline will take the stock to further highs.
Reason for the trade:
Rising Price with Rising volume
Positive Breakout.
Trending Up nicely.
Consecutive new Highs
Positive Breakout.
Very Strong Buying pressure.
BLS | W Pattern / Double bottom - Potential for 25%BLS | W Pattern / Double bottom - Potential for 25%
CMP : 211
SL : 190
Target : 270
1:3+ risk reward setup
We traded this stock already and it has already doubled. Now taking small trade again.
BLS INTNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
BLS, rounding bottom + flag + resistance Breakout swing trade.Hello traders,
BLS gave 3 types of breakout, rounding bottom, flag and weekly resistance.
looking really good for swing and has huge potential for upmove.
rest details given in the chart.
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
BLS - BuyStock gave a good move today and looks good to break the previous high. We can see a large tail in today's candle which is a good sign.
Target 1 (25%) achieved in BLS International. Target 2 is ON...This is follow-up on BLS International Services. Can check link to related ideas.
Target 1 achieved. More than 25%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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.
Target 2 (50%) achieved in BLS International. Target 3 is ON...This is follow-up on BLS International. Can check link to related ideas.
Target 2 achieved. More than 50%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
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 | Enter and Hold tight trade for doublingBLS | Enter and Hold tight trade for doubling
CMP : 151 (Dip : 125)
SL : 110
Target : 188, 275
Breakout in BLS International Services...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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 INTERNATIONS EXTREMLY BULLISH SETUPStock was forming consucutive rounding bottoms on chart followed by a big rounding bottom on weekly chart and also given breakout around 150 level after that stock easily achieved first target of 197 and ready for nex big move towards second target marked on charts..this is how price action works
BLS International Services Ltd.NSE:BLS
BLS International Services Ltd.
DATE - AUG 26, 2021.
TECHNICAL ANALYSIS.
1. Stock give the breakout of 2YEARS HIGH.
2. Stock is trading on 52 WEEK HIGH.
3. ALLIGATOR is positive.
4. SUPERTREND is positive.
5. High DELIVERED & TRADED Qty.
6. Stock traded ABOVE MA 21/50/100/200/250/300.
FUNDAMENTAL ANALYSIS.
SECTOR: Miscellaneous
1. MARKET CAP - ₹ 2,056.17 Cr.
2. P/E - 5717.95
3. P/B - 36.82
4. ROE - -0.06%
5. ROCE - 0.15%
6. EPS - 0.00
7. DEBT - ₹ 0.88 Cr.
8. CASH - ₹ 13.92 Cr.
DISCLAIMER - All analysis are for educational purpose. it is not a trading or investment advise.
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