BAPL LONG TRADE
- BAPL was previously in an accumulation zone from December 2020 to May 2024, marked in yellow.
- The stock gave a huge breakout in May last year and continued in an upward channel, marked in blue.
- After touching the bottom of the new channel in early April, the stock started ascending with vigorous volume distribution.
- BAPL created a bullish IFDZ and reached a high of Rs. 60.5 before pulling back to the IFDZ with suitable volume contraction and then expanded volume, indicating a potential long entry.
🚨 TECHNICAL BUY CALL – BAPL🚨
- BY1: Rs. 44.25 (current price)
- BY2: Rs. 40.5
- BY3: Rs. 38.9
Target Prices
- TP1: Rs. 49.9
- TP2: Rs. 57.9
- TP3: Rs. 65.1
Trade Validity
- Stop loss: below Rs. 36.7
- Reward-to-risk ratio: 5.4
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
- BAPL was previously in an accumulation zone from December 2020 to May 2024, marked in yellow.
- The stock gave a huge breakout in May last year and continued in an upward channel, marked in blue.
- After touching the bottom of the new channel in early April, the stock started ascending with vigorous volume distribution.
- BAPL created a bullish IFDZ and reached a high of Rs. 60.5 before pulling back to the IFDZ with suitable volume contraction and then expanded volume, indicating a potential long entry.
🚨 TECHNICAL BUY CALL – BAPL🚨
- BY1: Rs. 44.25 (current price)
- BY2: Rs. 40.5
- BY3: Rs. 38.9
Target Prices
- TP1: Rs. 49.9
- TP2: Rs. 57.9
- TP3: Rs. 65.1
Trade Validity
- Stop loss: below Rs. 36.7
- Reward-to-risk ratio: 5.4
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。