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 ! ! !
In the last few months, a very good amt of shares has been accumulated by biggies and the same thing we could see in the above chart and highlighted. The breakout happened in the monthly chart, Now it has started the upward journey. It will take time to move and reach the target as the above chart drew with Monthly timeframe.
BHEL is PSU which is into engineering and manufacturing capability across several core sectors, including power generation and transmission, transportation, renewables, water, oil & gas and defense & aerospace. X/2 Entry can be taken in BHEL at CMP and second SIP of X/2 entry can be taken above 57 closing. The target for BHEL will be 61.8 and 65.85. In a long run...
Hello
Welcome to this analysis about BHEL, we are looking at daily timeframe perspectives. BHEL in recent times heavily decreased with bearishness however it now moved into an oversold condition. BHEL is developing here that will be a decisive factor in the upcoming times. I discovered the main formation BHEL is developing here that will be a decisive factor in...
This analysis is for swing trading/positional trading. Purely based on Price action & candle stick patterns
Strategy on Daily Time Frame with entry, SL and Targets are given in image itself.
BHEL is ready to rally due to Make in India focus announced on Independence day speech... all defence and assosciated will rally like BDL and BEL. as they both already rallied may be bhel will rally on monday
Currently the stock is broke out from the triangle and is retesting it. If the trend line holds then it's a long. Take profit zone is 42.20 which is acting as a S/R since October,2019.
Hey everyone,
I consider NSE:BHEL for my Portfolio stock. Will explain everything why I am considering this stock in my Portfolio and what will be My entry Point.
Key Factors
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1- BHEL has offered partnerships at its 16 manufacturing facilities across the country
2-Company has 14000 acres land parcels at different towns and cities in India....
