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Bullish on BOSCH for the 'long term'

Long
finvestar Mis à jour   
NSE:BOSCHLTD   BOSCH LTD
The scrip was trading below multi-year resistance trendline. The scrip gave a breakout from the trendline forming a large bullish candle on a weekly time frame. The Stock rose nearly 4 percent in last two days hitting a new 52W high.

Bosch is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.

One can 'go long', after the stock breaches the resistance level of 18968 and crosses 18987 decisively.
Commentaire:
The stock has crossed 18987 decisively and closed at 18994. Time to go long as advised.

Stop Loss 18589
Commentaire:
Target 1 achieved on 4th Jan'24.
Commentaire:
Target 2 achieved today i.e. 26-03-2024
Trade fermée: cible de profit atteinte

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