Stock: BSE Limited (
BSE)
Trend: Strong Bullish Momentum 🚀
Risk-Reward Ratio: 1:3 (Favorable)
Trade Parameters
🎯 Entry Zone: ₹6,650 (Breakout Confirmation)
🛑 Stop Loss: ₹6,012 (Daily Closing Basis) (~9.6% Risk)
🎯 Target Levels:
₹6,882.75
₹7,121.45
₹7,382.85
₹7,653.85
₹7,934.80
₹8,250.10
₹8,570 (Final Target)
Technical Justification
✅ Bullish Flag Breakout - Price has broken out from a consolidation pattern, indicating continuation of uptrend
✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone)
✅ Volume Confirmation - Breakout volume 10.8M vs previous day's 2.51M (4.3x surge!)
✅ Fundamental Catalyst - Very good quarterly results supporting bullish sentiment
Key Observations
• The breakout comes with exceptionally high volume, validating strength
• Multiple targets allow for progressive profit booking
• Risk-reward ratio of 1:3 makes this an attractive setup
Trade Management Tips
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer 📢
This analysis is for educational purposes only and does not constitute financial advice. Trading in equities involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Always conduct your own research and consider your risk tolerance before making any investment decisions. The author assumes no responsibility for any trading losses that may occur from using this information.
BSE)Trend: Strong Bullish Momentum 🚀
Risk-Reward Ratio: 1:3 (Favorable)
Trade Parameters
🎯 Entry Zone: ₹6,650 (Breakout Confirmation)
🛑 Stop Loss: ₹6,012 (Daily Closing Basis) (~9.6% Risk)
🎯 Target Levels:
₹6,882.75
₹7,121.45
₹7,382.85
₹7,653.85
₹7,934.80
₹8,250.10
₹8,570 (Final Target)
Technical Justification
✅ Bullish Flag Breakout - Price has broken out from a consolidation pattern, indicating continuation of uptrend
✅ Strong Momentum - Daily & Weekly RSI >60 (Bullish zone)
✅ Volume Confirmation - Breakout volume 10.8M vs previous day's 2.51M (4.3x surge!)
✅ Fundamental Catalyst - Very good quarterly results supporting bullish sentiment
Key Observations
• The breakout comes with exceptionally high volume, validating strength
• Multiple targets allow for progressive profit booking
• Risk-reward ratio of 1:3 makes this an attractive setup
Trade Management Tips
• Consider partial profit booking at each target level
• Move stop loss to breakeven after Target 1 is achieved
• Trail stop loss to protect profits as price progresses
Disclaimer 📢
This analysis is for educational purposes only and does not constitute financial advice. Trading in equities involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Always conduct your own research and consider your risk tolerance before making any investment decisions. The author assumes no responsibility for any trading losses that may occur from using this information.
Dagangan aktif
1st Target Completed......Enjoy the moneyrain guys.......Dagangan ditutup: sasaran tercapai
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.