BSE LTD
Pembelian

BSE Bouncing from a support Zone...

Stock: BSE Ltd.
Chart Pattern: Potential breakout with retest near support.
Key Levels:Entry: ₹5,553.30
Target (T1): ₹5,848.10
Stop Loss (SL): ₹4,985.95

Observations:
✅Retesting a key zone and taking support at 50 DMA and bouncing.
✅Cup and handle formation played out earlier, now forming higher lows.
✅Volume remains supportive for upward momentum.
✅Resalient to market fall
✅Trading above Key DMAs
✅Strong RSI

Risk-Reward: Moderate-to-high, ideal for positional traders.
Can consider fresh entry further addition if it gives a clean breakout from 5849 levels.

⚠️Remember, we are trading against the trend. If Overall Markets were to fall further then this would also fall.

Disclaimer: This post is for educational purposes, not financial advice.
breakoutretestPivot PointsreversalpatternSupply and DemandsupportSupport and Resistance

Juga di:

Publikasi terkait

Pernyataan Penyangkalan