‹ All Posts
CA Omkar Bhutada - SEBI Reg IA

22nd Mar · SEBI-Registered Analyst

Now this is a high-probability continuation short setup 🔥 Chart of Bharat Dynamics Limited is giving a classic breakdown-after-distribution pattern.

BDL
🔍 1️⃣ Big Structure Phase 1: Strong Uptrend Massive rally from ₹400 → ₹2000 👉 Strong bullish phase Phase 2: Distribution at Top Sideways near ₹1800–2000 Volatile candles 👉 Smart money exited here Phase 3: Downtrend Begins Lower highs Lower lows 👉 Trend already bearish 🧠 2️⃣ Current Situation (Most Important) 👉 Price is now sitting at: ₹1220–1250 support zone And: 👉 This level has been tested multiple times 💡 Meaning: Support is getting weaker 🚩 3️⃣ What Most People Will Do (Wrong) 👉 “Strong support hai… bounce aayega” ⚠️ Reality 👉 Repeated testing = support breaking soon 💥 4️⃣ Breakdown Setup If price breaks: 👉 ₹1220 zone Then: Next Targets: ₹1100 ₹1000 📉 5️⃣ Why Fall Can Be Sharp Already in downtrend Weak structure No strong buying seen 👉 Breakdown = acceleration 📊 6️⃣ Trade Plan 🔴 Aggressive Entry Breakdown below ₹1220 🔵 Safe Entry Breakdown + retest of ₹1220 🎯 Targets ₹1100 ₹1000 ❌ Stop Loss Above ₹1300

#TechnicalViews#FundamentalViews#WatchOutFor#StockInNews#Today’sTradingSetup
BDL_2026-03-22_10-45-57.png
421 likes·59 comments