BLS International Services (W): HoldingBLS International Services Ltd.NSE:BLSselvimohanBLS International Services (W): Potential Breakout Setup BLS is approaching the upper boundary of a long-term descending channel after a prolonged decline from the ₹500+ zone. Here, 🔹 Price is holding the ₹240–245 demand/support zone 🔹 Recent selling appears to be losing momentum 🔹 Current candle is bullish and testing the channel resistance 🔹 ₹260–265 is the key breakout zone 🔹 A breakout accompanied by strong volume would provide VPA confirmation of demand 🟢 Bullish Trigger: Strong daily close above the trendline with above-average volume could fuel a move towards ₹300-500 🔴 Invalidation: A breakdown below ₹240 on heavy volume would negate the bullish setup. The setup is NOT bullish merely because price is rising. The key confirmation is: Price breaks resistance + volume expands + candle closes strongly. If price breaks ₹265 on low volume, it could be a false breakout / upthrust, and the setup should be avoided. Note: Trade probabilities, not predictions.