Reason for long a) OI build up b) triangle breakout c) SL compulsory d) Cup and handle breakout e) vwap support duration 3 to 5 days only
PEL broken Reverse H & S pattern, for long term expected targets are marked on the chart. let's see..
In the price is near the neckline if it breaks, we can expect further upmove.
*Bosch Ltd* Time Frame: Daily Observation: * Trendline Resistance Break * Cup & Handle Pattern Formation Resistance/Support: 18507 20425 22398 23659 Support: 16309 15393
this is basically high in volume cost ,as per cup and handle pattern target is 20128 with in 60 days period if that pattern is invalid support level will be given in chart make use of it
as in chart show weak and also facing resistance so try buy pe for long term target give in chart
Confluence factors: 1W downtrend resisted the price and reverse occured. Formation of inverted pole and flag. Final yet to occur once fibo retracement and along flag gets break can lead to short options.
Bosh Broke the resistance and it is in the crucial point. if the market holds bosh shall continue to touch higher points. it is a low risk high rewarding trade.
As the market has been super volatile, stayed away from trading. Anyways, Let's take a quick trade whenever opportunity presents itself. Auto sector has the momentum. Trade Setup: Daily: formed double bottom, and chart structure changed from LH - LL to HL, with HH yet to be confirmed. Crossed 50 EMA & trend line, supported by strong volume during the up...
BOSCH in wyckoff method enter into phase E mode, look if your setup works,..
Trade Setup: Daily: broke out of triangle pattern, with huge volumes (after a long consolidation). Bullish Marubozu candle sustained. Trading above 50EMA and 200 EMA. Crossed major resistance (approx. 17000 INR) after a long time. Weekly: crossed and sustained 200 EMA after a long time (since 2017). forming HH and HL. Inverse head and shoulder pattern as...
BOSCH Short Setup Short below 13060 Targets 12210, 10300, and maybe more. SL 14000
As the Auto sector is on the verge of breakout, it is good to go long in this stock for short term.
Taking support at trend line. One can enter at CMP ~ 14500 with an SL of previous low ~ 13800 and sit tight till atleast 18000
Graph of Bosch looks bullish. Looks like it has retested its support. Levels as per support and resistance. Trade at your own risk.
bosch ltd buy 14400 and stoploss 13900 postional trade
this stock buy candle confrimation wave correction complete
Wanna go long in Bosch then its a good time. Trendline, support as well as RSI confirmation, what more do you want? ###follow me for more ideas