Bharat Dynamics Limited - Ascending Triangle + Fresh Volume

Updated
πŸ“Š Script: BDL (BHARAT DYNAMICS LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY INFRASTRUCTURE / NIFTY500 / NIFTY SMALLCAP
πŸ“Š Sector: Industrials / Capital Goods
πŸ“Š Industry: Aerospace & Defense

Daily Timeframe
snapshot

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Double Moving Averages also giving crossover.
πŸ“ˆ Volume is increasing along with price.
πŸ“ˆ Current RSI is around 72.
πŸ“ˆ One can go for Swing Trade.

In keeping with its commitment to fight the future wars with Indigenous Solutions, #IndianArmy invites Indian Defence Industry to offer critical defence equipment for Emergency Procurement.


Source / For more details :https://twitter.com/adgpi/status/1571471677426659331

KEEP AN EYE ON DEFENCE STOCKS.
1.BHARAT DYNAMICS (BDL)
2.HINDUSTAN AERONAUTICS LIMITED (HAL)
3.PARAS DEFENCE AND SPACE TECHNOLOGIES LIMITED (PARAS)
4.BHARAT ELECTRONICS LTD.(BEL)
5.COCHIN SHIPYARD LTD (COCHINSHIP).


⏱️ C.M.P πŸ“‘πŸ’°- 920
🟒 Target πŸŽ―πŸ† - 1006/1055
⚠️ Stoploss ☠️🚫 - 855

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
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Trade closed: stop reached
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