BOSCH LTD it is a Weekly Pennant Pattern and there is higher probability it will break to upside and it could test 30000 Level.
Trade well...Its probably a traingle in play.
DAILY FINANCIAL WISDOM: One should NEVER buy a stock simply because it appears oversold...
DAILY FINANCIAL WISDOM: Investors invest in companies. Traders trade the bars that are on the chart in front of them. Where do you fall?
ABCD PATTERN
Dojis and Spinning Tops are being formed. If breakout happens; H = 24290 - 22500 = 1790 Entry - 24215 SL - 23125 Target = 24215 + 1790 = 26005
It is a hurdle jump for bosch. 1)23580 , 2) 24000 3)24700 4)26000. Will nifty cheer up bosch to reach the destination?
Trade long in Bosch above 23600 for the up side target of 24700. Stop loss at 23000
GREEN LINE TARGET BOOK PROFIT AT EACH LEVEL RED LINE SL
long
DAILY FINANCIAL WISDOM: "In trading you can fool yourself, but you can't fool your trading reserve of cash..."
Bosch is near to the end of the 4th wave..The 5th of the C has formed an ending diagonal pattern...Buy on signs of reversal for tgts near to 28000.
BOSCH
