BSL trade ideas
BSL - VCP pattern Breakout on Weekly ChartBSL Ltd has given a breakout of Volatility Contraction Pattern (VCP), a bullish setup.
Key points in this VCP:
3T VCP Formation:
1st Contraction: 38.7%
2nd Contraction: 31%
3rd Contraction: 15.86%
These diminishing contractions indicate reduced volatility and a tightening range, suggesting that selling pressure is decreasing.
Breakout:
The price has broken above the consolidation area and resistance line, signaling a potential entry point for a bullish move. This breakout, coupled with high volume, adds strength to the bullish signal.
Volume and Moving Averages: Noticeable volume increases during breakouts from each contraction, supporting the strength of the move. The price is above key moving averages, confirming the uptrend.
Overall, this VCP and breakout pattern suggests a strong bullish setup with potential for upward momentum.
BSL TRADE DONEBSL ALL TARGET HIT IN THREE DAYS
I SHARED THIS IDEA ON TRADING VIEW
AND SEE THE RESULT
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BSL LIMITED stock pattern formation on Daily Chart BSL LIMITED stock going in tight consolidation
am expecting a good up side move
company's earning report coming
Company is expected to give good quarter
keep in your watch-list
slow moving stock but have potential promoters holding stable
individual investors & FII's entered in this stock
Disclaimer: This information is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a financial advisor before making investment decisions.
BREAKOUT IN BSL 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF BSL :-
•Breakout of symetrical pattern on DTF with strong candle
•Break counter trend line and hidden lines
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
BSL small cap stock for positionalSome Big players have entered the stock with Huge volumes. Stock can hit the targets in a short time.
High risk high income stock idea BSLNot recommended for small players. This stock has broke all time high. Can hold with trailing stoploss.
BSL | Good for Long NSE:BSL
Cmp : 194.15
Entry : CMP or near 182
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
BSL LimitedBSL:- The stock has given a breakout and is back for retesting. Keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BSL | Good for Long NSE:BSL
Cmp : 205.35
Entry : Cmp or near 187
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead.
Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
#BSL breakoutBSL post forming cup and handle pattern and retested its trendling, given BO, watch for upmove.
BSL - Ichimoku Bullish Breakout Stock Name - BSL 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 175
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
BSL Ltd 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 RSI close below 30 (or use any other method of your liking)
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 consolidation since April 2022, NSE:BSL has given a breakout today. Buy with a stop just below ₹144. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. on 21st October, credit rating agency Brickwork Ratings has said in its credit rating report, "Brickwork Ratings (BWR) has reaffirmed the long-term rating at BWR BBB+ and the short-term rating reaffirmed at BWR A2 for the bank loan facilities of BSL Limited (BSL or the company). The rating reaffirmation continues to factor in the extensive experience of the management, established position of the company as an integrated textile player in India on account of being part of LNJ Bhilwara group, established brand in domestic and exports market, improved scale of operations and decent order book position, comfortable debt protection metrics, besides improved profit margins in FY22.(please go through the credit rating report for better understanding)
2. The co markets its products under the brands BSL Suitings, Linfab, Belfast and Geoffrey Hammonds. The domestic business is being completely revamped with the introduction of a new direct to retail brand ‘Geoffrey Hammonds - INSIGNIA’. The existing two brands named Geoffrey Hammonds & BSL are also being revamped with extensive expansion of network.
3. During FY22, the co plans to modernize its PV Spinning Division by replacing old imported Ring Frames with new generation of LMW Ring Frames. It also plans to make the Vortex Spinning division more versatile. It is also proposed to add some Modernizing Machines in the Spinning & Processing Division.
Weaknesses: -
1. The company has delivered a poor sales growth of -0.18% over past five years
2. Company has a low return on equity of 6.08% over last 3 years
3. Debtor days are high at 75
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
BSL - Ichimoku Bullish Breakout Stock Name - Bsl 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 170
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
BSL LTD THIS IS POSITIONAL INVESTMENT STOCK. BSL LTD stock broke out at 131.30 with significant volume.stock broke its high which made in feb 2018.Now stock trading above that level.
On weekly chart stock forms Cup and Handle pattern.
Target -243
time Target - 16 months
Stop loss-105
4 in one - Investment stocksAll these stocks are getting eady to give brreak out. Consult your financial advisor before investing.
BSL (MONTHLY) >> Long termYou see, BSL already gave the breakout and is moving consistently so far, I am waiting it to break the past Resistance which you can see in the daily chart it is tested multiple times, just need to wait for the scrip to either respect or break the resistance.
Good for long term.
If you like my thoughts considering following, I'll be posting more.
This is only for Educational Purpose, I myself am a learner
This post contains my thoughts to particular (TATAMOTORS) and will be no responsible for any kind of losses.
BSL 5Yr Resistance + TL BO with Heavy VolumesAbout 1/5th of the total outstanding shares were traded today indicating aggressive buying in the share.
With over quarter of a century of experience in textile manufacturing, BSL is currently producing over 18 million meters of fabric every year.
