BHEL EQUITY levels ...15/06/2021 (W candle)
Ride the Breakout when it happens.
BHEL looking good above 78. Flag breakout pattern looking. if sustain above 78 should hit 80-81-82++
BUY AT BREAK-OUT BUY ABOVE : 76 TARGET : 85/95/105
let it cool down a bit. buy at 57- 45 range.
BHEL has given a breakout on daily and weekly charts, after long consolidation has it moved past the 56 levels. Can be seen travelling towards 73 and in long time frame towards 180. Fundamentally changes have been made in the management, new project wins and book renewal can impact this stock. HODL for BHEL ka jalwa!
This analysis is done purely on basis of price action and chart patterns. The analysis is done on weekly TF hence it can take couple of days to couple of weeks/months to reach the target. The image is self explanatory. Range for entry, SL and Target is shown in image itself. Since this is a stock of NIFTY ENERGY index, one can refer the weekly chart of NIFTY...
All levels are mentioned on chart. Happy Learning :)
BHEL breakout after long time.. buy at CMP and add on dip till 42/43.... Sl monthly closing below 20 sma.. targets mentioned on chart... Note :- i am not Sebi registered analyst.. before investing ask your sebi registered financial advisor..
BHEL has formed a higher low on weekly timeframe and this looks a wonderful opportunity with first target +@10% profit (nearest resistance) and second target +@50%
wait for falling wedge breakout for long term entry
Dear trader, If u look at the chart of BHEL (analysis based intraday only) the BHEL support at 52 and Target at 58 and Stop loss at 46. The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis. In Intraday most important thing is to enter and exit points. Our signals are based on analytics, algorithms,...
The Idea is to go long following the major trend, but wait the end of a possible price retracement before going long
good buy bhel at 44 when it retest why momentum good impulse good 3c pattern on weekly and fit to my stretegy