Bharat Dynamics BDL Short Setup on 1D Daily TF on Risologial After 125% upside rally, BDL has given signs of a possible SHORT trade. The BDL price is crossing under the Risological trend line, and if we see a red candle today, it is a sign of a good short trade. Once the trade is confirmed, the Risological swing trading indicator will set the Entry, stoploss...
Bharat Dynamics Ltd. is one of the leading defence PSUs in India engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), Underwater weapons, Launchers, Counter Measures Dispensing System (CMOS) and Test Equipment. The Company is engaged in the business of refurbishment and life extension of stored and deployed missiles. It...
As per my analysis NSE:BDL has given a breakout for some upside levels. Best level to take positional buy entry will be 990 with stop loss of 890 (-100 Risk). My expected upside target would be 1087 (+97) & 1145 (+155). This could be low risk and reward idea. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
it crosses 1041.95 entry: 1042 stop loss: 956 target: 1209 NOT SEBI registered , do your own analysis before taking trade and this trade is only for educational purpose.
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...