BCL – LONG TRADE (REVISIT) | 10 JULY 2025
After gaining support from the AXIS line and initiating a fresh uptrend leg, BCL developed multiple bullish structures now acting as strong support. This is a revisit call following our earlier signal. Due to updated technical developments, the stop loss has been revised upward to Rs. 95 (from the earlier Rs. 70). Momentum suggests a strong continuation toward Rs. 132, where partial profit-taking is advised, while higher Fibonacci extensions lie at Rs. 151 and Rs. 165.
After gaining support from the AXIS line and initiating a fresh uptrend leg, BCL developed multiple bullish structures now acting as strong support. This is a revisit call following our earlier signal. Due to updated technical developments, the stop loss has been revised upward to Rs. 95 (from the earlier Rs. 70). Momentum suggests a strong continuation toward Rs. 132, where partial profit-taking is advised, while higher Fibonacci extensions lie at Rs. 151 and Rs. 165.
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