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.
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.
Transaction en cours
T1 Hit and crossed and fresh entry triggered. Trail your SL. 
Publications connexes
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.
Publications connexes
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.