BDL trade ideas
Narrow range breakout weekly Narrow range consolidation
Volumes increasing
Price at last resistance
Super move upside.
Good Fundamental and Technical with no overhead resistanceGood Fundamental and Technical with no overhead resistance
BDL: Breakout soon stockBDL is looking strong on weekly charts. Keep it on your radar as it approaches closer to its all-time high! Ready for fresh breakout!
BDL HAS GIVEN A BO FROM HERE WE CAN TAKE POSITIONS.BDL has given a good BO so from here we can take a swing trade and we can do investments too.
BDL breakout started. BDL can hit 1100 and 1200 in the coming weeks.
Please do your due diligence before entering a stock.
Look out for BDL its dynamics are going to go ham 😆💯Its on the break out level scenarios also kinda looking good soo myabeeeee 🚤💡 but am working with strict SL
BHARAT DYNAMICS LTD Triangle Pattern Breakout*BHARAT DYNAMICS LTD*
Time Frame : Daily
Observation:
* Triangle Pattern Breakout
* Swinghigh Break
Resistance/Target: 985 1090 1192 1256
Support: 818 698
Bharat Dynamics Limited - Ascending Triangle + Fresh Volume 📊 Script: BDL (BHARAT DYNAMICS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY500 / NIFTY SMALLCAP
📊 Sector: Industrials / Capital Goods
📊 Industry: Aerospace & Defense
Daily Timeframe
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price.
📈 Current RSI is around 72.
📈 One can go for Swing Trade.
In keeping with its commitment to fight the future wars with Indigenous Solutions, #IndianArmy invites Indian Defence Industry to offer critical defence equipment for Emergency Procurement.
Source / For more details : twitter.com
KEEP AN EYE ON DEFENCE STOCKS.
1.BHARAT DYNAMICS (BDL)
2.HINDUSTAN AERONAUTICS LIMITED (HAL)
3.PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED (PARAS)
4.BHARAT ELECTRONICS LTD.(BEL)
5.COCHIN SHIPYARD LTD (COCHINSHIP).
⏱️ C.M.P 📑💰- 920
🟢 Target 🎯🏆 - 1006/1055
⚠️ Stoploss ☠️🚫 - 855
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Bharat dynamics limitedBharat Dynamics Limited @CMDBDL is striding towards intelligent & autonomous drone launched precision attack capability.
BDL looking bullishBDL had already given breakout from trendline and has retested it. Currently,it is trading near its ATH of around 905.
It can easily give move of 10% or even more.
Fundamentals of the stock has changed over the past 2 years since India is now exporting military equipments.
BDL , ready for UPTREND Hey guys ,
BDL stock is ready for uptrend ......
this stock is moving in a straight uptrend
Now this stock was following a traingle pattern
This stock has crossed it's resistance
and has given a big green candle
so , this is a perfect stock to buy presently.
also. the 200 day ema is above the 50 day ema
which show's that the stock is in a great uptrend
therefore, try to buy this stock and earn high returns.
😊😊
BUT FIRST CONSIDER THE GLOBAL MARKET SITUATIONS
1. INFLATION
2. WAR
3. RISING BANK RATES
after considering these situations
you can buy this stock
😀
BDL BDL breakout can buy here or can wait for retest the trend line and target 930, target is based on weekly pivots
Bharat Dynamics Trend AnalysisPrice pattern shows a potential reverse Adam & Eve pattern formation.
Price is heading towards support around 570 level which is also at golden FIB zone.
If this support breaks, then the price will fall to 375-400 levels.
Broader view shows price is moving inside the ascending channel and it should touch the bottom of the channel in confluence with the support zone highlighted.
Better to accumulate around 400 levels for a positional target of 1230 (207.50% ROI with 16.6 R:R)
Mandatory stoploss @ 350 due to cyclical nature and inconsistent cashflow which is a matter of concern.
Do your own due diligence before taking any action.
Peace!!
BDL - Ascending parallel channel & Head and Shoulder patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
BDL Bharat DynamicsIt was a buy above 812. but today ha long wick on top.
So Tomorrow we have see if we get a good candle/bar to enter.
Initial target around 900 - Pivot
Bharat Dynamics Ltd BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
BHARAT DYNAMIC TRENDLINE SETUPPrice of NSE:BDL formed a green candle at its trendline support from which it can bounce back to the upper channel.
Price has been consolidating for quite some time in this channel pattern. A low risk setup presents itself at C.M.P.
Stop loss and target marked on the chart. Low risk high reward setup(in case price breaks out of the channel).
Hold in case of a breakout. Book profits if a rejection is show at the top of the channel.
Follow strict risk management. HAPPY TRADING!
