Inverted Head& Shoulder and Bullish Flag pattern can be identified in BHEL. Stock is in very good shape to crack supply zone 93.5/94. Once this level is taken out a strong uptrend towards 100 is very much a possibility with an extension to 101.5 level, which can be considered as second target.
Comment:
Comment:
Resistance level has been broken confirming both inv. H&S and Flag. Stock could surge anytime soon.