Bosch Ltd *Bosch Ltd*
P&F Formation on Monthly Basis.
Strong Price BreakOut & Sustained.
Strong Vol Consolidation & Continued Traction.
RSI: 1H>D<W<M.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do Your Own Research as well. This is an Opinion.*
*_Happy Investing_*🤓
Bosch
boshch long in geven zonethis given buy zone is good for longs to be created
a good stoploss will be red candle closing on day tf below the buy zone .
there this buy zone will be in validated and sellers will make a new resistance
till then one keep it as a good buying opportunity
also from ath to all time covid low this stock is near the .5 fibo retracement
bosch looking bombastic long term ideaBosch is an engineering and technology MNC company. The company offers mobility, home, industry and trade solutions but approximately 84% of Bosch India business comes from its automotive segment.
Bosch CMP is 19042.35. Negative aspects of the company are high valuation (P.E. = 39.4), declining cash from operations annual and FIIs are decreasing stake. Positive aspects of the company are improving annual net profits, no debt, MFs are increasing stake and zero promoter pledge.
Entry after closing above 19320. Target of the call will be 19541 and 19825. Long term targets in the stock will be 20247. Stop loss in the stock should be maintained at closing below 17858.
BOSCH - NSE - INDIACompany website- www.bosch.in
Founded in 1886, into multinational engineering electronics, presence is over 60 countries worldwide.
Major product line-
Automotive Aftermarket parts ( battery, spark plugs, wipers, brakes, clutch plates etc ) and smart mobility ( autonomous and Iot enabled )
Household appliances- fridge, dishwashers, washing machines, microwaves etc
Powertools, software, engineering etc - Huge diversity of business.
Invested into the blockchain for future growth.
Financials-
Assets worth 9000cr, zero debt, high brand value, fv 10- becomes a candidate for split/ bonus
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Inverted head and shoulder pattern = classic reversal
A strong buy.
LIKE A BOSCH A perfect VCP pattern and ready to boom
In constant accumulation and i feel it may be over on the budget day and HNIs are ready to make some Moolah
SL 12900
TARGET 1 19200
TARGET 2 ALL TIME HIGH
TARGET 3 31000 AS PER FIBO
WATCH BOSCH SEMI CONDUCTOR VIDEO ON YOUTUBE TO GET A BUSINESS MODEL IDEA BEYOND THEIR AUTO ANC. BUSINESS
(ANALYSIS FOR EDUCATION PURPOSES )
BOSCH trading idea's ❗Bosch forming bullish Marubuzo candle stick pattern
◽ It indicating that there is so much buying interest in the stock that the market participants were willing to buy the stock at every point during the day ,
◽So much so, that the stock closed near it's high point for the day
◽It indicating this bullish sentiment will continue over the next few trading session's
◽We can see that it breakout descending triangle like pattern with huge volume
BOSCH 4-HOUR TIMEFRAME SHORTPrices are moving in a downtrend after having broken out to the dowside of a descending triangle. After a momentary correction, prices could possibley continue further down, with a final target of around 15 600. However, nothing is guaranteed, so always take your profits earlier if they come.
IOTA/BTC - Are the Bulls Waking Up?Hello Everyone!
I am going to keep this short and sweet, as I believe this chart conveys what I could type out much better. As to how i found my trend lines, and created an overlay of diamond sections to isolate movement, is done by an amalgamation of a few techniques.
Simplistically, IOTA has been bearish for some time, and a breakout is on the horizon, especially with a working wallet now, and another confirmation of a major partnership.
Towards the end of the large pennant, I have highlighted areas of potential scalp trading as indicated by the smaller orange pennants.
I have put trade zones in accordingly; now, some traders will enter a position before a breakout however; considering this is public, although this is not financial or trading advice, there is a duty of care to only highlight areas of a breakout from a bearish trend to the reversal. So, I have been very conservative in my trade zones to negate against any detriment, however, interpret at will.
Good luck.