The Stock formed the triangle pattern and at the upper end of the pattern with volumes, if breakout sustain we may see 270 as the 1st target. SL is 2 straight closing below 190
BSL Ltd multi year breakout, BSL Ltd was incorporated in 1970 and its operation predominantly relates to manufacturing of Textile & Generation of Wind Power Qtr Profit Var 30.7 %, EPS ₹ 12.5, EPS Growth Rate 12.2 %, ROCE 11.5 %, ROE 13.5 %, small cap high risk.
BSL CMP - 53.55 Looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets. Buy Range 42 - 45 ONLY / Stop Loss 35 Target - 75 Disclaimer: This is my view and for educational purpose only.
Please watch : Breakout with SAAM PRASANNA in YouTube for more such ideas...