BOSCHLTD BULLISH BUYAnalysis:
The chart displays a rising wedge pattern, indicating potential bullish momentum. The price is approaching the upper boundary of the wedge, suggesting a possible breakout. Key resistance is at 8,619.70 INR, with a target towards 8,972.10 INR if the breakout occurs. Support is at 8,115.65 INR.
Trade Idea:
Bullish Scenario: Breakout above 8,619.70 INR could lead to a rally.
Bearish Scenario: Failure to break out may see a drop to 8,115.65 INR.
Boschlong
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