Bharat Dynamics Ltd.
已更新

BDL - Potential Harmonic BAT pattern could be in play

171
CMP: 1344
TF: 75 minutes

The set up is self explained in the chart.

Waiting for the break and close below 1330 for the set up to get activated.

1220 and 1180 are the levels I am looking for in this counter, if the pattern plays out as expected.

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交易進行
Price is moving on expected lines..

Breakdown at 1330, a small retracement/pullback and falling again..

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註釋
BDL now at 1265

1300 PE moved from 40 to 90.. not a bad trade

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註釋
Taking support at 1250-1240..but moving sideways.. Bulls, if active at this price, should have moved it higher.. The next tentative path is in the chart given below.

SL from now on is 1270 (75 minutes Closing basis)

As i said earlier, the actual trade should be a long at 1180 with SL around 1150 for the target of 1350+

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