ParamjitMahapatro

bharat bijlee looks bullish in medium to long term.

Lång
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


Handel aktiv:
price bounced from horizontal support, till now 1116.90,

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

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