BHEL trade ideas
RSI Divergence on 4H BHELThere is an bearish divergence on BHEL even though there were large gap ups. The stock is expected to consolidate
BHEL EXPECTED MOVE THIS MY EXPECTED MOVE AS AM ANALYSISNG ON MY OWN WAY , THIS NOT SUGGESTION TRY YOUR OWN METHODS
Expecting the Price will come down to 40 Expecting the Price will come down to 40..Seeing High Open interest @ 40 PE .
Bullish Shark Pattern on daily chart of BHELBullish Shark Pattern on daily chart of BHEL.
Note : This Chart is only for Educational Purpose and Not a Trade Recommendation.
BHEL#BHEL now bounced from support price and trading in uptrend channel pattern if Stock hold 70.5 resistance level we can see upside toward 74-76 level as per chart and if break 67.8 level we can see downside toward 64 levels.
I Think good point to purchase BHEl at 68. 1. It is FNO share
2. It has started moving Up & just crossed one of my indicator
3. good point to buy & can have profit up to 2 RS.
4. 1st target 70 stop loss 66.50
5. 2nd target 71.25
BHELPrice at the downslope trendline resistance, so if we are to follow the trend, price should fall from current level.
Intraday Buy @ 66-69 , TP 72.8Intraday
Buy @ 66-69 (once confirmation of a bullish strong candle)
TP: 72.8
SL: 64.8
NSE:BHEL Sell For 29 Oct 2018NSE:BHEL
Sell initiate for 29 Oct 2018 using 30 min chart based on Fibonacci levels, check below sell level
Sell Below : 66.95
Stop Loss : 68.75
Target : 66.3
BHEL- Possible Trend ReversalSignature block is displayed to other users only if you have the active Premium plan.
BHEL 125/= BHEL counter is entering in to bullish grip.
Both DAILY + WEEKLY entering in to bullish phased & if this counter is giving closed @ 99 then monthly candle is also entering in to bullish phased.
More power is required to break the level For me it looks it will go down and going above 74 is very difficult
BHEL BUY using BUY2SELL2BUY IndicatorAs per the indicator wait for the Blue candle and then enter for a Buy.
OPTION WRITERS & SPECULATORS MAKING REGULAR MONEY..Stock is in still downtrend..
if you have already long position and long term view you may wait up to 75..
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