RiderTrader

BDL - Bharat Dynamics - Uptrend Intact

Long
NSE:BDL   BHARAT DYNAMICS LTD
When we draw fibo for the swing it retraced to .382 levels.
So Up move is intact.
I need to cross 465 with Body above breakout line and continuing with good volume .
Stock has doubled in two months so strict stop loss .

One bad view in chart is when candles are compared to candles on left side little scary.
But RSI and Stochastic are as per rules.

ATR is high but considering the move it can be negated.

One of those setups where you need to have full faith in your SETUP (:=

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