BDL BDL breakout can buy here or can wait for retest the trend line and target 930, target is based on weekly pivots
BDL trade ideas
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!
BDL LOOKS STRONG Buy 458 - 462 T1 479 T2 500 T3 540 SL 419
Buy as per your risk
I m seeing big upmove from here
BDL looks goodcmp 438
trgt 5-10-20%
and more
sl 412
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
Bharat Dynamics Ltd - 08.12.2021Bharat Dynamics Ltd - 08.12.2021
The stock is trading @ 403 levels
The stock is at support level in 15 minute Chart
There is MACD Bullish Divergence in 15 min Chart
Let the prices go above 414
watch out for the price action
BDl 15MINBDL is given in the premium membership. it made a cup and handle pattern, giving consolidation in the handle after the breakout of the consolidation it gave a upside movement.
BDL - ResistanceBDL is trading near resistance
CMP - 358
Resistance - 365-370
One can go long above those levels for a target of 380/410/450/500+
SL 330
Long Term Wealth Creation Idea 2020 #2#BDL 307 | Accumulate with long term perspective upto 280 levels at least for 2X/3X+ gains...
Valuation | Dividend | P/E : Lucrative
BDLTrendline support plus resistance line support. If breaks this can see a downfall. and if moves up, can filll the gap created. target can also be as per Fibonacci Levels. SL will be CMP upon breakout (if any).
BDL Positional trading Idea SeptemberBur BDL today it started reversing
Tgt will be open and Sl will be Day's low
