bharat bijlee looks bullish in medium to long term.

In monthly, it has formed a round bottom pattern, and breakout happened with high volume, now it is retesting the breakout level,

in weekly, it is bounced from trend line support and hidden bullish divergence is formed here,

also in daily, after a downtrend, trend line resistance broken with good volume and regular bullish divergence is formed also

with a sl - 700, 1st tgt - 1900, long term tgt - 3600

İşlem aktif:

price bounced from horizontal support, till now 1116.90,

İşlem aktif:

till now 1273, up by 16% . price has started riding upper BB

İşlem aktif:

price closed above imp resistance zone,

İşlem aktif:

big move today, closed at 1362.55

İşlem aktif:

till now 1434.95, moving up as expected , follow up chart for reference

İşlem aktif:

cmp - 1405, regular bearish divergence formed at resistance zone in daily, we may see some correction, but overally it is bullish.

İşlem aktif:

till now 1495, cheers.

İşlem aktif:

cmp - 1397, in daily, price bounced from horizontal support and 61.8% retracement level.

İşlem aktif:

cmp - 1326.70, price at horizontal support, looks bullish.