Stock analysis BSL Limited BSL
Recent prices of BSL BSL Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for BSL Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT BSL Limited BSL at this time. Stock is falling and might fall more.
It appears as if BSL Limited BSL gave a large move recently.
Stock of BSL Limited (BSL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of BSL Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if BSL Limited stays below 186.1, but if it comes above 186.1, then a intra day buy could be more profitable.
If you take a sell trade below 186.1, then use 186.1 as stoploss and 177.6 as target. However if you take a buy trade in BSL Limited, then use 186.1 as stoploss and 193.12 as target.