BDL Short-Term Long Trade on 15m Time Frame: TP4 ReachedWe initiated a short-term long trade setup in Bharat Dynamics LTD (BDL) on the 8th of October at 9:45 am, entering at 1114.45 based on the bullish signal from the Risological Swing Trader. The price action was strong, and we successfully reached TP4 (1225.90) by the 11th of October at 9:15 am.
Target Points Achieved:
TP 1: 1135.70
TP 2: 1170.15
TP 3: 1204.60
TP 4: 1225.90
Stop Loss (SL): 1097.20
This trade exemplifies the power of the Risological Swing Trader in identifying profitable setups and executing with precision. We’ll continue leveraging this strategy for future market moves.
Bdlview
Bharat Dynamics BDL Short Setup on 1D Daily TF on RisologialBharat 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 and profit targets for this trade.
I will update on this trade post 3:30 closing.
Take care.
Namaste!