Baluchistan Wheels Limited (BWHL) good risk to reward stock

Baluchistan Wheels Limited (BWHL) monthly structure is bullish accordinig to BWHL analysis.

BWHL weekly structure is taking correction after ex dividend date. So its good time to keep an eye on this scrip.

BWHL in daily time frame about to retest previous support or accumulation area that is 133-123.

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For investor and swing trade player its great opportunity to grab.

If this close below 107 level in daily time frame trend would change.

160- 175 would be good profit securing areas.

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Sell half, and hold half strategy.

Its a dividend oriented scrip, ultimate targets would be 230- 260

Disclaimer
Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are inherently risky.

“Long-term target prices take a long time to achieve.”

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →