Bharat Dynamics Ltd. is one of the leading defence PSUs in India engaged in the manufacture of Surface to Air missiles (SAMs), Anti-Tank Guided Missiles (ATGMs), Underwater weapons, Launchers, Counter Measures Dispensing System (CMOS) and Test Equipment. The Company is engaged in the business of refurbishment and life extension of stored and deployed missiles. It...
💥Bharat Dynamics💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-1296-1300
Breakout Price-1296
Stoploss-1061
Targets-2514
RT for max reach
#bharatdynamics #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Made a buy position in bdl with a target of 1333.
20% I guess is a good target although my strategy is to attain 2% a week but why loose an oppurtunity.
Cons :
DIIs and FIIs are reducing their stake, as per the data released on Sept 2023, whereas retailers are increasing their stake. So this shows that the strong hands are booking their profits and it is not a good sign in the near term.
The financials are not that attractive. The valuation is high at the current price point.
Pros :
Bharat Dynamics Q2 FY24...
As per my analysis NSE:BDL has given a breakout for some upside levels. Best level to take positional buy entry will be 990 with stop loss of 890 (-100 Risk). My expected upside target would be 1087 (+97) & 1145 (+155). This could be low risk and reward idea.
Note: This is my personal analysis, only to learn stock market behavior.
Thanks.
Swing trade idea
BDL buy above 1005
SL 969
Target 1220+
Disclaimer - This is not a buy and sell tips it's only for education purpose analysis only.
We are not responsible for your profit and loss
Took an entry for about 1.25% of the capital. But I do expect a small correction further down and if it does I'll add on another 1.25% and sum up the total holding to 2.5%.
Pretty confident about the defense sector and also the particular stock. Although the valuation is a bit high, the overall state of Indian economy when compared to the global economy and also...
it crosses 1041.95
entry: 1042
stop loss: 956
target: 1209
NOT SEBI registered , do your own analysis before taking trade and this trade is only for educational purpose.
Stock is close to the support Range
Previously taken support from here and gave upside.
If broken can see sharp selling in upcoming weeks.
If not Positive trend Continues.
View is Cautiously bullish with strict stop loss below support range
Entry mark level
Stop losss 1198
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring...
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if break this yellow zone then sell
till red trade line 1st target
and 992 2nd target
if break resistnce zone then buy
but i dont think so
it may be sell opptunity
need some retresment
Breakout Giving Stock!
Bharat Dynamics Ltd. #BDL
1- All Time High
2- Rising Channel
3- High Weekly Volume
Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
