BCL – LONG TRADE (REVISIT) | 10 JULY 2025
After gaining support from the AXIS line and initiating a fresh uptrend leg, BCL developed multiple bullish structures now acting as strong support. This is a revisit call following our earlier signal. Due to updated technical developments, the stop loss has been revised upward to Rs. 95 (from the earlier Rs. 70). Momentum suggests a strong continuation toward Rs. 132, where partial profit-taking is advised, while higher Fibonacci extensions lie at Rs. 151 and Rs. 165.
After gaining support from the AXIS line and initiating a fresh uptrend leg, BCL developed multiple bullish structures now acting as strong support. This is a revisit call following our earlier signal. Due to updated technical developments, the stop loss has been revised upward to Rs. 95 (from the earlier Rs. 70). Momentum suggests a strong continuation toward Rs. 132, where partial profit-taking is advised, while higher Fibonacci extensions lie at Rs. 151 and Rs. 165.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.