📈 BDL – Weekly W-Pattern + Sector Strength + Volume Surge = High-Potential Positional Setup
BDL is showing textbook technical confluence at the right time:
Sector: Defence index at all-time highs
Stock: BDL forming a clear double bottom (W-pattern) over several months
Weekly breakout underway with strong green candle and volume confirmation
Structure: Rounded base, higher lows, long support holding strong
Price just broke key levels with momentum — setup for multi-leg positional rally
🧠 Technical Highlights
✅ W-pattern (double bottom) over weekly chart confirms accumulation & reversal
✅ Price breakout from neckline zone around ₹1,525+
✅ Clean structure with support zone holding for 8+ months
✅ Volumes rising with the breakout — early signs of trend continuation
✅ Defence sector tailwind active
🧮 Setup Overview
📊 Strategy Recommendation
Add 30–40% position now
Add more on clean ATH breakout or base retest with volume
Avoid full position in one shot — shakeouts possible on weekly charts too
Let volume lead the move — don’t pre-empt full size
⚠️ Cautionary Note:
📌 Summary
BDL is setting up for a high-reward positional breakout fueled by a confirmed W-pattern, sector momentum, and volume surge. Structure is tight, risk is defined, and the upside potential is significant.
📉 Disclaimer:
This is not a buy/sell recommendation. For educational purposes only. Do your own research and manage risk as per your capital and style.
BDL is showing textbook technical confluence at the right time:
Sector: Defence index at all-time highs
Stock: BDL forming a clear double bottom (W-pattern) over several months
Weekly breakout underway with strong green candle and volume confirmation
Structure: Rounded base, higher lows, long support holding strong
Price just broke key levels with momentum — setup for multi-leg positional rally
🧠 Technical Highlights
✅ W-pattern (double bottom) over weekly chart confirms accumulation & reversal
✅ Price breakout from neckline zone around ₹1,525+
✅ Clean structure with support zone holding for 8+ months
✅ Volumes rising with the breakout — early signs of trend continuation
✅ Defence sector tailwind active
🧮 Setup Overview
- Entry Zone ₹1,530–₹1,540
- Stop Loss (SL) ₹1,293.95
- ATH Resistance ₹1,799.45
- Target (Positional) ₹2,363.55
- SL % −15.38%
- Target % +54.34%
- Risk : Reward 1 : 3.5
📊 Strategy Recommendation
Add 30–40% position now
Add more on clean ATH breakout or base retest with volume
Avoid full position in one shot — shakeouts possible on weekly charts too
Let volume lead the move — don’t pre-empt full size
⚠️ Cautionary Note:
- While the setup is structurally strong, remember:
- Markets are still volatile
- Sudden sector pullbacks or macro headlines may affect entries
- Stick to position sizing and respect your stop loss
📌 Summary
BDL is setting up for a high-reward positional breakout fueled by a confirmed W-pattern, sector momentum, and volume surge. Structure is tight, risk is defined, and the upside potential is significant.
📉 Disclaimer:
This is not a buy/sell recommendation. For educational purposes only. Do your own research and manage risk as per your capital and style.
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