BUY BHELStock is having resistance at 118, and is showing a triangle trend.. Breakout highly possible, target 135
BHEL trade ideas
BHEL AT BUYING ZONE POINTS NOTED ON DAILY CHART,
1. Bullish Divergence of previous support
2. Trendline confirmation
3. Breaking news to support buyers, (BHEL bags 5600cr order in Tamil Nadu)
BHEL - TWO in one!BHEL : Two in one, not only did BHEL breakout of triangle but also it completed leg D of bearish cypher pattern, now that we have reversed with big candle, i expect stock to visit breakout point of triangle which is also 61.80% FIB retracement, should turn out to be good opportunity of buy, just keep a tab for learning!
