ParamjitMahapatro

bharat bijlee looks bullish in medium to long term.

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NSE:BBL   BHARAT BIJLEE
In monthly, it has formed a round bottom pattern, and breakout happened with high volume, now it is retesting the breakout level,

in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,

also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also


with a sl - 700, 1st tgt - 1900, long term tgt - 3600


交易進行:
price bounced from horizontal support, till now 1116.90,

交易進行:
till now 1273, up by 16% . price has started riding upper BB
交易進行:
price closed above imp resistance zone,
交易進行:
big move today, closed at 1362.55
交易進行:
till now 1434.95, moving up as expected , follow up chart for reference
交易進行:
cmp - 1405, regular bearish divergence formed at resistance zone in daily, we may see some correction, but overally it is bullish.
交易進行:
till now 1495, cheers.
交易進行:
cmp - 1397, in daily, price bounced from horizontal support and 61.8% retracement level.
交易進行:
cmp - 1326.70, price at horizontal support, looks bullish.

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