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singhharshit2112
May 8, 2021 11:00 AM

BHEL trend reversal  Long

BHARAT HEAVY ELECTNSE

Description

BHEL has formed a double bottom and given a breakout followed by a retest and then subsequent breakout supported by good volumes on its weekly charts. It is testing a multi year support-resistance zone. Can go long for a swing trade with around one month perspective.

Buy above 60
Target 78, 90+
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