bharat bijlee looks bullish in medium to long term.

Aktualisiert
In monthly, it has formed a round bottom pattern, and breakout happened with high volume, now it is retesting the breakout level,

in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,
Snapshot

also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also

Snapshot

with a sl - 700, 1st tgt - 1900, long term tgt - 3600


Trade ist aktiv
price bounced from horizontal support, till now 1116.90,

Snapshot
Trade ist aktiv
till now 1273, up by 16% . price has started riding upper BB Snapshot
Trade ist aktiv
price closed above imp resistance zone, Snapshot
Trade ist aktiv
big move today, closed at 1362.55
Trade ist aktiv
till now 1434.95, moving up as expected , follow up chart for reference
Snapshot
Trade ist aktiv
cmp - 1405, regular bearish divergence formed at resistance zone in daily, we may see some correction, but overally it is bullish.
Snapshot
Trade ist aktiv
till now 1495, cheers.
Trade ist aktiv
cmp - 1397, in daily, price bounced from horizontal support and 61.8% retracement level. Snapshot
Trade ist aktiv
cmp - 1326.70, price at horizontal support, looks bullish.

Snapshot
breakoutBullish PatternsBullish DivergenceChart PatternsroundingbottomsupportTrend Analysisuptrend

Haftungsausschluss