bharat bijlee looks bullish in medium to long term.

9 dic 2017

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

15 dic 2017

Trade attivo

price bounced from horizontal support, till now 1116.90,

21 dic 2017

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till now 1273, up by 16% . price has started riding upper BB

22 dic 2017

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price closed above imp resistance zone,

22 dic 2017

Trade attivo

big move today, closed at 1362.55

6 gen 2018

Trade attivo

till now 1434.95, moving up as expected , follow up chart for reference

9 gen 2018

Trade attivo

cmp - 1405, regular bearish divergence formed at resistance zone in daily, we may see some correction, but overally it is bullish.

25 gen 2018

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till now 1495, cheers.

11 feb 2018

Trade attivo

cmp - 1397, in daily, price bounced from horizontal support and 61.8% retracement level.

10 giu 2018

Trade attivo

cmp - 1326.70, price at horizontal support, looks bullish.