CautiousChartist

BHEL - Inverted Head & Shoulders + Divergence

Long
NSE:BHEL   BHARAT HEAVY ELECT
An Inverted Head and Shoulders pattern broke out and retested itself inside a bigger Inverted Head and Shoulders Pattern.

The same move is expected on the bigger pattern as well.

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Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
Trade closed: target reached: Both targets Achieved.

Comments

Your work is amazing !
+2 Reply
@Harshit_bhadoriya Thank you. You are no less.
+1 Reply
Great analysis sir, your work is amazing. Really loved it. This is what I think, maybe you can have a look at it.
BHEL is the top gainer in the market today with a price of 62.85 and a price change of 8%.
Data Source: Quantsapp
+1 Reply
CautiousChartist vaibhavkap0305
@vaibhavkap0305, Thank you.
Reply
Superb analysis
+1 Reply
Perfect 👍🏾

Same view 😃

You caught this earlt at right time👍🏾
+1 Reply
CautiousChartist varadtambolkar
@varadtambolkar, Thank You for the kind words. Same view - We think alike :D
+1 Reply
YES, your work is highly appreciable. We need to buy at current price with stop loss at 42.70
+1 Reply
@skp10, Thank you.
Reply
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