Hello Everyone, I hope you all will be doing good in your Trading and life as well. I have brought another good stock, which has given breakout with good volume on weekly timeframe, Company is industry leader in their segment, Co. is a market leader in organized air express with a market share of 54% in FY21 v/s 45% in FY15. Co. is on 4th market position in...
For education purposes only. Breakout happens with the good upside move. This can fall to the mentioned level and can be bought at the mentioned level for the target of 7250.
Go Long @ 6195.1.1 for Targets of 7060, 7550, and 8040 with SL 5700 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Hammer...
Bullish Channel Formation in Blue Dart with Strong Support Levels Body: The stock of Blue Dart is exhibiting a promising bullish channel pattern, suggesting an upward trajectory in the long term. The current support levels are firmly established at ₹6187 and ₹6731, providing a robust foundation for potential price appreciation. Key Points: Strong Support: The...
BLUEDART (1D TF) - Swing Trade Analysis given on 20th April, 2024 Pattern: CUP & HANDLE - Volume Buildup at Resistance - Done ✓ - Resistance Breakout - In Progress - Demand Zone Retest & Consolidation - In Progress * Disclaimer #bluedartexpress
Bluedart price is revering from good support line. last few session accumulating near support line and last session shown good green candle. RSI cross above 30 & MACD cross over happened. good indication for swing trade entry. Entry - CMP Target - previous resistance Stoploss - Below support line
BlueDart has breached its daily down trendline. We can see good volumes as well. The target here is 9600+. We can wait for a pull back and it should not breach the trendline. Other factors: 1. RSI is above 60 2. MACD is on the verge of making a green histograms Good risk ratio on this trade. "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
After a year long consolidation Blue Dart is ready for a ride. The stock has started making higher lows and about to start making higher highs! Blue Dart is soon reaching for its resistance of 7535 and it will breakout from there. But before the breakout it should retrace to its previous breakout level of 7080. Keep an eye on the stock for its breakout at 7535. A...
Bluedart have the potential for another 8-10% upside momentum. Amidst the Current Market Landscape, Every Indicator Points Towards a Favorable Trajectory, Positioning the Stock for Substantial Growth.
In the Weekly Chart of BLUEDART , we can see that, After strongest W pattern breakout, it has gone side ways. Now it has a Decision making candle. Enter on breaking its High with Low as SL. Possible momentums are shown in chart.
closed above 200 DMA 6643.06 with increased volume. debt free ..
In the Weekly Chart of BLUEDART , we can see that, It has now created a Halt Candle on Support Trendline. If it breaks, enter on breaking its high with low as SL.
Refer chart for details Stock name : bluedart Timeframe : 1hr Higher time frame choch reversal done
Breakdown not sooo solid buy small sl can short when it crosses low below the breakout candle on tuesday with 1:2 minimum take profit
1. structure change to LH-LL 2. entry can be planned for a retracement for 1:~2 RR 3. price reversed from pivotal support
Stock looks good for a move up basis the lows being protected with volumes and good cash flow taking place Levels plotted on the chat for reference
BLUEDART:- Heavy selling has been seen in the stock but in the last two months, The stock is consolidating in a small range, if the stock gives a breakout and sustains above the resistance, there is a good movement to the upside. Keep your eye on it. Hello traders, As always, simple and neat charts so everyone can understand and not make it too...
The stock gave a parallel channel breakout, pulled back and again closed strong. Buy above 7735 for both intraday and positional further move.