BODALCHEM trade ideas
STOP LOSS. AND WHY IT IS IMPORTANT TO TRADERS.A few pointers on why Stop Loss is a necessity for those who trade.
BODAL CHEMICALBodal chemical has done breakout of Inverted Head & shoulder and completed retest also.
It is under right shoulder of bigger IH&S.
Wait for best entry and take position for 130 target with SL of 78
BODAL CHEMICALS. A FUTURE MULTIBAGGER.This is the detailed analysis of Bodal Chemicals explained in the chart published above.
DISCLAMER- This analysis is for educational purpose. However the one who is considering this idea kindly follow proper risk management.
FOLLOW FOR MORE.
Thank You...
BODALCHEM | Strong demand zone + Wedge breakout aheadBODALCHEM | Strong demand zone + Wedge breakout ahead - Excellent risk reward with doubling potential
CMP : 93 (Dip : 86)
SL : 75
Target : 180
1:5+ risk reward setup from dip
Bodal Chemicals, Inverted HnS on weekly, BUY on dips upto INR 60Weekly / Daily chart has formed a Inverted HnS pattern, buy on dips upto INR 60 with Stop Loss of INR 55 and targets can be INR 80-86-95-105-120
Bodal Chemicals LimitedReversal from demand zone in Bodal Chemicals Limited. also there is bullish MACD crossover
BODALCHEM BULLISHFLAG RISK REWARD 1:2BUY CMP
SL-134.5
TGT- 163
TAKE MIN RISK REWARD 1:2
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.
long in Bodal Chemical for 100% return.there are two ways the price can go up to the target line
1- breakout of rounding bottom
2-breakout of cup and handle
target will be same in both the cases
entry only when weekly price closes above the red line
Bullish on Bodal InvestmentsBodal has formed inverted Head shoulder patter. So should go up. Target of atleast 120
BODAL CHEMICALS
Target:- 150
Stop Loss:- 111
Duration:- 4 to 5 Weeks
The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. This is basically parallel channel. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.
Bodal chemicals 1hr Disclaimer :-
*For educational purpose only. It's not a call do your own analysis.
Stock has already given BO of triangle pattern wait for retest.
Thanks!
Buy BODAL CHEMICALAccording to chart anylasis BODAL CHEMICAL give solid breakout and also closed above upper trandline. So we can buy it for future move.
Buy 119 or above
Target : 135-150++
[Basket] Bodal Chemicals Re-Entry OpptThe rationale for entry is already told. Sharing another re-entry point as per technicals. It is still down from our initial investment.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
FY21-22 Swing Trade Idea #52: Long on BODALCHEMThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
chemicals bodal Buy Cup and handle pattern breakout in bodal chemicals... Target is 130 as per price range..
Cup and Handle FormationThe stock is making a cup and handle pattern and looks good above 105.75 level
