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.
BOSCHLTD
Strategic Approach to Short-Term Trading in Bosch Ltd"Bosch Ltd is showing strong bullish signals across multiple timeframes. The daily, weekly, and monthly Relative Strength Index (RSI) are all above 65, indicating strong upward momentum. The Supertrend indicator is positive, suggesting a favorable trend for buyers. The stock has also experienced a breakout from its previous high. Furthermore, the closing price is consistently above the 21, 55, 100, and 200-day Exponential Moving Averages (EMAs), reinforcing the bullish sentiment. Lastly, the Relative Strength (RS) is above 0, further supporting the positive outlook. These factors combined present a compelling case for short-term trading opportunities in Bosch Ltd."
BOSCHLTDNSE:BOSCHLTD
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BOSCHLTDNSE:BOSCHLTD
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
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 - 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