Bhel could be a good candidate for short term investment pick, the stock fell to 78.6% retracement of the last rise and then developed positive divergence in rsi along with trendline breakout with good intensity of volume, and most probably now it's going up to make higher highs and higher lows, bkp is also formed in daily time frame, once it crosses mid bollinger then it would be a more effective as presumed, there are little resistances at 55.25 & at 60-62, above that it can fly more freely towards 100+ range.
Wave Structure is likely to be Retracement levels Macd in daily positive crossover and Uptick Bullish rsi divergence Rsi Uptick in daily Rsi Uptick in Weekly Bkp is formed in daily Breakout with Good intensity of Volume in daily Breakout with Good intensity of Volume in hourly
Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Really your are the one guy who beginners are looking for. We really need your articles to improve our skills. Keep doing. God bless you and your loved ones.
BHEL stock gains 2% after signing MoU with JSC Rosoboronexport. Is the stock price of BHEL increasing due to MOU signed with JSC Rosoboronexport
kiransuryaraj
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Your logics are too uniques, at the same time and same market, you predict some stocks to short and some for long, definitely appreciated your courage to upload your views without any hesitation of fail. Really i liked it and i Salute to you Sir. Thanks for sharing.
RK_Charts
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@kiransuryaraj Thanks for your support and appreciation 🙏