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 trade ideas
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
BSE LONG - RESULT TRADEBSE IS IN A RANGE NEAR ITS RESISTANCE LEVEL. THE RESISTANCE LEVEL HAS BEEN TESTED MUSTIPLE TIMES. AS BSE IS ABOUT TO DECLARE RESULTS ON 3RD AUGUST, 2020. LOOKING AT LAST QUARTER FINANCIALS AND CURRENT FINANCIALS OF CDSL, THE RESULTS ARE EXPECTED TO BE EXCELLENT, QOQ AND YOY BASIS. THUS THERE IS A HIGH PROBABILITY THAT THE RESISTANCE LEVEL WILL BE BREACHED. SINCE IT IS A RESULT TRADE, SQUARE OFF THE POSITION WITHIN THE DAY AS THE STOCK MAY RETRACE BACK FOR A FEW DAYS AFTER RESULTS DEFORE CONTINUITY ITS UPWARD JOURNEY.
BSE crossed descending triangle and crossed 200 EMA BSE crossed descending triangle and crossed 200 EMA in weekly time frame it can be bulish share was in down trend since its listed but now it shows the indication of long term investment.
As india is country of young generation and data shows young generation is more intrested in investment Mututalfund/stock and even many new trader listed with many brokers so there will be more trading in future and this share will provide good returns.
This is my personal study i may be wrong but i am going to invest in it :)
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