F&O Radar| Deploy Broken Wing in BSE shares to gain from bullish setup
Investment Ideas
Synopsis
BSE shares show a bullish reversal from a demand zone, supported by rising volumes and RSI. Experts highlight a breakout above Rs 2,550 could lead to Rs 2,800–3,000 targets. A Broken Wing strategy is suggested to benefit from the stock’s bullish setup.
The daily chart of BSE shows a strong bullish reversal pattern emerging from the key demand zone, supported by a significant increase in trading volumes. This volume spike lends credibility to the reversal, indicating the potential for sustained upward momentum.“A decisive close above Rs 2,550 is critical, as this level has historically acted as a resistance zone. A breakout above it may unlock short-term targets of Rs 2,800 and Rs 3,000, fueled
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