BPL trade ideas
BPL LtdTG..161.34
symmetrical pattern
Incorporated in 1963, BPL Ltd is in the business of manufacturing Printed Circuit Boards
Business Overview:
BPL is in the business of consumer electronic ally
PROS
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 79.1% CAGR over last 5 years
BPL Looking strong for 2x ROI in next 2-3 YearsBPL Looking strong for 2x ROI in next 2-3 Years.
Monthly Breakout seen after 20+ Years ... Strong Candidate for Buying for Long Term.
LTP - 127
Targets - 250+
No SL ... Timeframe - 2-3 Years
Happy Investing.
BPL - Electronics Co. Best Above 140BPL - Gave a breakout on weekly basis. While the stock has been beaten up at this price multiple times in the past
It would be worth to wait and take entry only above 140.
The company did well in terms of revenue from operations last financial year and with govt bringing electronics
PLI scheme, the company may get benefitted due to this !!
Strict Entry above 140 / SL -92
Disclaimer : Educational Content. Please do your own research.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
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 BPL
BUY TODAY SELL TOMORROW for 5%
Target 140 with in 6 to 9 monthsI found this stock very bullish and expecting a tearget of 140 in inext 6 to 9 months based on technicals and growth. This stock is strong in terms of financials and track.
BPL swing tradeAscending triangle breakout on daily timeframe. Trade active above 102.65 and recent swing low stoploss.
BPL - Ichimoku BreakoutStock Name - Bpl Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 102
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#IchimokuCloud
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bpl looks good for 115-130 cmp 88.5bpl looks good for 115-130 cmp 88.5
sl 74.5
fifth atempt today to cross 500 candles high
extraordinary volumes were seen today
and whole day traded near high
abv 92 it will be in blue sky zone
Swing tradesymmetric triangle pattern break-out.
retest is also complete.
looking bullish in this market. target will be achieved as follow marks.
BPL Confirms breakout on PRD.NSE:BPL confirms the PRD breakout goo to buy in this position. Add on quantities on every swing high.
follow stoploss on swing low.
BPL to take long entryLong BPL after the break out of the conflux area above the resistance level as well as the trend line. shortly levels of 80 -90 can be seen in the stock. This is for your educational purpose only.
BPL Bullish Trend Alert BPL:-
1. round patten forming priice movement
2. round pattern breakout after u can expert second target supply zoone
BPL looking good for an upside of 43% from CMPHi Everyone,
BPL looks for an upside.It needs to sustain above 43.5. Next target which looks evident from here is 61.60 a whooping 42.66% returns as it forming a big round bottom on the weekly chart.
Trade Plan
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CMP - 41.95
Entry : 43.5
Stop Loss : 35.95
Target : 61.60
Risk : 7.85 / 21.94%
Reward : 18.5 / 42.66%
R:R = 1: 2.35
RSI also giving strength
HOURLY : 67.80
DAILY : 62.17
WEEKLY : 72.44
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me
CUP & HANDLE FORMATIONBPL COMPLETED CUP AND HANDLE PATTERN FORMATION, NOW AFTER BREAKOUT WE CAN GO FOR LONG.
TGTS ARE MENTIONED IN CHART BOTH SHORT TERM OR LONG TERM.
PS: NOT A FINANCIAL ADVICE.
BPL :BPL
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
BPLNote:
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...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
