NSE:BHEL One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
BHEL breakout major resistance level and 13years level breakout TGT will be 344 This is only for educational purpose only
VOLTAMP 4988 TGT 7000+ SL4100 Return 40%+ RR >2.35 Timeframe <6 Months NSE:VOLTAMP Recommended buy. Can hold for longer term. Shared with 💚 By Rachit Sethia
Hey guys... Today gone through the chart of BHEL LTD and it is under correction for a leading diagonal in my view...the stock looks to break the levels before any upside. The correction for leading diagonal are supposed to be upto 61 to 78 percent. The zone has been marked for your understanding.... but after correction it will not look back...! Regards
Daily chart, BHEL has accelerated upwards and is probably on a parabolic pattern. The last candlestick is a Shooting Star, which usually indicates reversal movement. But, it needs a next candle confirmation; Open Price below 180.25 - The down target will be the support line (RED), 170 or 165 (2 Fibonacci levels - Uncertain!!) Next movement should be a...
BHEL Long Term View Entry, Target and Stoploss are given
CROMPTON 316 TP: 390 SL: 290 < 6 Months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is...
EVEREADY CMP 419 TGT 519 ++ SL 360 Return ~ 24% TF 6months RR ~2 NSE:EVEREADY #EVEREADY Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
NSE:BHEL One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss,...
Wave 1 and Wave 2 are complete Wave 3 is Onn Price has formed a Demand in 6 Month chart Define ur risk and let ur Rewards grow exponentially !!! ENJOY THE RIDE ! ! !
BHEL above key moving averages in long term chart. Next stop as per Fibonacci retracement is 152 in a year.
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...
The price breaks the trendline which is acting as strong resistance for the price and also restested the trendline breakout level and now start moves for the upside levels. Price also formed flag and pole pattern in daily timeframe and also given breakout. #BHEL 👉Trendline Breakout & Retest in Weekly TF 👉Stock in Uptrend & Bullish Pattern 👉Flag & Pole BO on...
BHEL (Swing): A 20-30% up move is on the cards. Note: Do your own due diligence before taking any action.
Overall there is a turn that I'm noticing and price is looks like it is bouncing from a resistance area.
Valuation (P/E) has priced in the recent growth -> future Stock upward movement depends on Positive Earnings surprise Possible Medium term targets mentioned on chart Will revisit stock after a quarter Expecting either a Sideways or Downward movement till then
BHEL on daily tf can give a big breakout of the bullish flag & continue its bull trend to a target of pole high..
BHEL broke down from descending triangle. More downside may come in coming days.