BSE LTD.Stock Current price is 529.85 ON 11th September, 2020, After Giving a breakout on 9th July-2020 with volumes Currently the stock is in a Price Range of 560-485 means stock is consolidating and making its base. Slow Stochastics is also showing a uptrend with crossing above central line. As well ARS has also given a breakout from 0 Line on 9th September, 2020. As per the Chart the stock should give a breakout of this Price range in coming days, So we should enter in the range of 520-540 in the stock for immediate Target of 590 and then 640, Volumes are increasing in the stock means some accumulation in the stock. The 50 DMA has given Golden Cross after 200 DMA on 7th August, 2020 in the Stock.
BSE trade ideas
BSE - long trade set upTechnical picture -
Stock gave a breakout from triangle pattern.
Correction came in market and stock price retested twice but was unable to close below the breakout candle low.
Trade set up -
Go long, keep a stop loss of breakout candle low and is has potential to touch previous high. Once can book some profit there is trail their stop losses according to an individuals risk appetite.
If this chart touches the previous high then a big rounding bottom formation will complete that pattern will have potential to give another 100-150 rs target on top of it.
bse will reach its all time high😍BSE just let it close about 1294 and it will be bullish like hell expecting it to break its all time high and more towards 1500 not only this stock has has ascending triangle pattern but it also has inverse head and shoulders pattern which is very bullish volume is a little bit of concern here but if breaks out with good volume 1500 is coming with or without you