BODALCHEM trade ideas
Bodal Chemical - Swing Trade Long SetupBodal has broken a significant weekly trend line and expected to move higher with a stop loss at 77 Buy Bodal near 90 take profit level at 110.
Buy @90
SL @ 77
Target @110
Long time No see !Amazing company at an amazing spot to buy.
Buy it right away and hold it for 6 months.
#Good_Gains_Incoming
If you like my posts then do like and follow.
Thanks :)
BODALCHEM BLAST SETUPNote:
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
Positional Trade: breakout done with volumebuy above 94.50 can add in dips till 88
currently consolidating in a range after breakout
Bodal I`m Buying on #every Dip Only Buy If you understand how to deal with small cap
don't just jump in
its going to be very volatile and long time trade.
BODAL CHEM. BUYINGBreaked Pattern & Resistance with Heavy Volume.
BUY @ 90
Do averaging if come close to support at 83
BODAL CHEMICALS #CHART OF THE WEEK
BODAL CHEMICALS
1. LONG TERM TREND REVERSAL
2. CONSOLIDATION PRIOR TO BREAKOUT PROVIDING GOOD STRUCTURE
3. EXCELLENT VOLUMES
#CHARTS_BY_AYUSH
#Bodalchem cash : Stay invested at 85-90 levels#BODALCHEM cash
05.03.2021
Looks good to invest @ 85-90
stoploss 65
Tgt 125/160/200 in 1 year time frame
Bodal chemical nice set up Bodal chemical nice set up with breakout on daily chart. Add till 85 SL 70 TARGET 🎯 120
Bodalchem : Inverted Head and Shoulder BreakoutChemical Sector seems in good move
Bodal is in good momentum and given inveretd head and shoulder breakout in previous session
If Previous day high breaks, Long can be initiated wsl 66
Target 130, 155
Short term trade
Disclaimer : This idea is for only educational purpose
Bodal Chemicals Inverse head and shoulders breakoutDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Long on any dip towards 87-85
Stop loss 77
Target 110-132-198 in long term
Long Bodal Chemical NSE:BODALCHEM
Technical: ascending channel breakout on daily & weekly time frame
Witnessing higher volume than average volume in previous levels
Stop loss at 79
Target : 100-120-150
(For education purpose only)
(Trade according to your risk capacity & do your own research)
Long on Bodal Chemicals 🚀Technical: Ascending triangle breakout on daily & weekly time frame
Witnessing high volume !
Stop loss at 78
Target should be 10-20%!
Making of H&S Pattern - Bodal ChemBodal Chem is in making of H&S pattern on weekly charts. Closing abv 90 on weekly basis will confirm the BO and the pattern. Stop loss for the trade will be 65 (for conservative traders) and 58 (for agressive traders).
On weekly basis the RSI is being supported at 60 which is confirming the trend may grow strong....Best buy can be near 75 price....
