NeeteshJain
Long

BHEL - WAVE 3 IN PROGRESS (BUY)

NSE:BHEL   BHARAT HEAVY ELECT INR2
It continuing its Wave 3 and now looks much positive and bullish after new breakout from 146 levels. I believe it may touch 160-163 levels in Aug series.
aug call premiums too high, should wait for dips?
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I only trade in futures and not in options.
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It is already at support, whatever your action would be I would suggest to keep a stop loss at 144
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la4440 PRO NeeteshJain
ok sir :D
+2 Reply
Good Analysis...the wave 3 completion looks like pattern formation.. Great !
+1 Reply
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