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Symmetrical Triangle breakout in BDL

Stock has already given breakout on 1st August with good volume and now it has retested previous resistance level of 815-840.

Increased volume on retest candle suggests bulls are still in control. For further strong momentum, stock has to close above 910-915 levels.

If anyone entering at this levels, stop loss can be placed at 770.

All possible targets are mentioned on the chart.

This is just a view, not a recommendation to trade. Do your own analyses before taking any trade.
BDL
BDLbharatdynamicsbreakouttradingBullish PatternsdailyanalysisLONGSupport and ResistanceSymmetrical TriangleTrend LinesTriangle

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