BSE, Go LongGood breakout seen on charts. Levels provided for support and resistance. RSI showing strength.
BSE trade ideas
Inverse Head & Shoulder patternInverse Head & Shoulder pattern, hopefully retesting also finished... lets see if it can achieve the target
Support of 100 EMAMostly BSE respected 100 EMA support, volume was reducing during downtrend, however mild increase in the uptrend.
If the price can cross the entry-level with good volume, I may enter the stock with proper position sizing..
Note: this is strictly for educational purposes only.. not an investment suggestion...
180% profit with this medium to long term investment After pandemic we see a lot of people coming to invest and trading field. This is good for stock exchanges like BSE
In terms of technical analysis, we saw a strong buying of the dip from All time low.
We can just buy it and hold it for years. But if you don't have patience, short term target is shown in the chart
BSE LTD - BreakoutWave 3 had kicked of on Weekly Time frame which itself would sub-divide into 5 waves ( as per the Elliot Wave Theory).
Initial Target at 871.
BSE - Weekly Breakout BSE - This was on my watchlist, but it did a sudden breakout, so now will add few shares and wait to add more around 660 at the retest. Looking for a target of 900. SL 530.
DISCL:Not a SEBI Registered. I post charts for my own study.
Long on BSEBreakout in BSE (Bombay Stock Exchange) above 665 levels with long consolidation supported by good volume.
Multi-year breakout, crossing its high of May-2019.
Target 1200 - 1400
BSE LTD CMP 683Chart turns bullish for further upmove. It may touch ATH in next 1-1.5 Years.
Target" 1000+
Time Frame 1.5 Years
SL: 640
BSE ltdBSE looks too good for me forming harmonic or 🦋 butterfly pattern and stock is moving in parallelchannel so targets could be 680,720 hldng period 1mnth ( as per chart Structure I can easily identify multiple chart patterns (I already said abt two patterns above ,shoutout in the comments section abt the third pattern (Hint: A.ny B.ody C.an D.o😉)
Bse head & shoulderHead and shoulder apttern is forming in BSE. And there is good move in BSE globally all exchange.
BSE - Daily Chart - Ready for BreakoutBSE - Daily Chart - Ready for Breakout
Looking at the chart, one can easily see a heavy consolidation near 600 level. Stock is trading in an uptrend and in a channel, now showing signs of breaking out with a ST target of 700+. One more positive on the cards is NSE IPO. Must have on the tracking list
long opportunity on BSE ltdshort term long opportunity BSE LTD based on formation of Head and shoulder pattern and neckline break with heavy volume.
target 1 720 and target 2 850 and stoploss 530
