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karthikmarar
Jul 5, 2023 5:29 PM

BHEL - Looking good to retake some old highs Long

BHARAT HEAVY ELECTNSE

Description

The stock is seeing almost five year High. On the weekly we can see a a nice VCP pattern.
On the Daily chart it is coming out of the supply shadow of effectively two "BC' Bars. Today we saw a High Volume "Effort to Move up" bar. The Relative Strength is also Positive.
After a long time the stock seems to be gathering the strength move up and scale up retake some of the old highs
Comments
stockwinner
Very good. Thank you.
vedantsolat
💯🔥
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