Hey guys , BDL stock is ready for uptrend ...... this stock is moving in a straight uptrend Now this stock was following a traingle pattern This stock has crossed it's resistance and has given a big green candle so , this is a perfect stock to buy presently. also. the 200 day ema is above the 50 day ema which show's that the stock is in a great...
Price pattern shows a potential reverse Adam & Eve pattern formation. Price is heading towards support around 570 level which is also at golden FIB zone. If this support breaks, then the price will fall to 375-400 levels. Broader view shows price is moving inside the ascending channel and it should touch the bottom of the channel in confluence with the support...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Bharat Dynamics Ltd - 08.12.2021 The stock is trading @ 403 levels The stock is at support level in 15 minute Chart There is MACD Bullish Divergence in 15 min Chart Let the prices go above 414 watch out for the price action
BDL is trading near resistance CMP - 358 Resistance - 365-370 One can go long above those levels for a target of 380/410/450/500+ SL 330