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Diwali Technical Pick 2024 : Buy BLS InterNational Service Ltd For Target Rs.335 - Nirmal Bang Ltd
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BLS InterNational Service Ltd
* Weekly chart suggests that stock is trading in an upward rising channel.
* As per Fibonacci retracement stock has retraced approx. 50% in weekly charts and further pullback rally is expected.
* Positive Stochastic RSI Crossover is seen on the weekly charts.
* Stock is forming higher tops and higher bottom formation on long term Monthly & Quarterly charts.
* Therefore, investors can buy the stock at 380 and on dips to Rs 360 for a target of Rs 490 with a strict stop loss placed below Rs 335
Buy BLS InterNational Service Ltd CMP 380 Add On 360 SL 490 Target 335
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