Bharat Dynamics Ltd - Breakout Opportunity
Date: 4-Feb-2024
Rating: Buy (Mid Term as well as Long Term Opportunity)
LTP: Rs. 1,759.40
Target: (1) Rs. 1,970 --> (2) Rs. 2,184 --> (3) 2,397
SL: Rs. 1600
BDL has recently given breakout from its minor down trend within primary uptrend.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Rating: Buy (Mid Term as well as Long Term Opportunity)
LTP: Rs. 1,759.40
Target: (1) Rs. 1,970 --> (2) Rs. 2,184 --> (3) 2,397
SL: Rs. 1600
BDL has recently given breakout from its minor down trend within primary uptrend. Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Note
Updates: 15-Feb-2024---------------------------
LTP: Rs. 1,664.15
With recent fall, BDL has retraced 20% from previous high. Post that it again started showing the strength. Revising the target post current retracement.
REVISED TARGETS: (1) Rs. 1,938 --> (2) Rs. 2,175
Note
Updates: 5-Mar-2024--------------------------
Meeting of the Board of Directors is rescheduled to 21-Mar-2024 to consider and approve (a) Payment of Interim Dividend for the financial year 2023-24 (b) Sub-division / Split of Equity Shares of the company.
Trade fermée: ordre d’arrêt atteint
13-Mar-2024:Broke down the major uptrend line today. Closing the call and exiting.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.