BHEL looking very bullish , buy at cmp , keep 3% as a stoploss and target for shortermis 10% and for longterm 100%
stock fundamentals are
PE 124
ROE 2.68%
MARKETCAP 39,922cr
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 ! ! !
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
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...
Good Morning, to all the traders I believe in you that one day you gonna make it to the top just keep doing this, so now the point is that the BHEL had given breakout with a confirmation candle in weekly chart. Now there will be two targets for BHEL which we can see from the chart the 1st target might be 108-110 because there is a resistance at that area and the...
BHEL has given an Inverted Head and Shoulder breakout this week. Since past 5 years stock was consolidating below 82 and struggling to break this barrier. Now once can assume the down trend is over and we can expect up move in coming months. Target mentioned here are short - medium term. We will review the chart once these targets are hit.
Once can buy this...
Entry price 84
Qty 200
SL 1.5%
Placed pending buy order at 84
Waiting for order to hit for entry
SL is -1.5% from entry price
Consolidating in daily range looking for breakout setup
NSE:BHEL
Hello traders ,
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
