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BDL – Weekly W-Pattern + Sector Strength + Volume Surge

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📈 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

  1. Entry Zone ₹1,530–₹1,540
  2. Stop Loss (SL) ₹1,293.95
  3. ATH Resistance ₹1,799.45
  4. Target (Positional) ₹2,363.55
  5. SL % −15.38%
  6. Target % +54.34%
  7. 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.
交易進行
Good 11% move from entry watch today's close and watch the Price action near ATH.
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