BLSE: Reversal pattern, Breakout above 255 closingBLSE has given a good reversal. now facing a resistance at 255 level, once that is taken out next resistance is 290,
Stock is a sister branch of BLS international which has also given a ath breakout, same move can be seen here.
Disclaimer: only for educational purpose. Please consult with your Fin advisors.
BLS
The bulls are ready to control the market again!The end of the downtrend is near, you can see how te Bollinger is closing and also all the indicators are ready to go upwards :)
With only 1,552,749 coins circulating of the 10,000,000 we will reach very fast all fib levels from the moment bulls take over and Fomo appear!
Volume is raising!
Be ready the rockets have started, soon we wil have a lift off!
There appears to be a bullish break of structure.NSE:BLS
03/07/2023
Disclaimer: This is just my observation, please do not consider this financial advise.
In the last two trading days, 213.55 range has been tested 2 times.
A bullish break of structure is already seen from 22nd of JUNE to current date.
There is a confluence where both the chart and the RSI shows an uptrend (I know it has touched the 70 mark but the uptrend remains steady).
The 21, 50 and 200 smoothed moving average shows a good uptrend.
The resistance level of 208.28 established during December of 2022 has been breached.
I want to see where this goes. But I have a good feeling.
Cheers!
BLS/INR Ready to 100% from here because of Bull flag Breakout#BLS/INR TA Update:-
₹BLS currently trading around ₹235
As per chart Bull flag already broke out.
ATH resistance is ₹271
All are waiting to breakout ₹271
Good to accumulate around this level.
Strong support = ₹184
If break ₹271 then My target will be ₹436 and ₹617
Stop Loss = ₹179