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ParamjitMahapatro
Jul 7, 2017 10:07 AM

bhel looks bullish in medium term Long

BHARAT HEAVY ELECTNSE

Description

in weekly, price at uptrend channel support, so with a sl of 129, tgt should be the channel resistance 180-185.

Trade active

Trade active

till now 140.75

Trade active

till now 145.15

Trade closed: stop reached

channel support broken,

Comment

after the channel support got broken, it tried to retest the broken support, now it should resume its downtrend,
Comments
shiv2798
Yes the price in up trend bullish channel , but strength in trend is not there , i think have to wait for start of movement ,
Regards
ParamjitMahapatro
@shiv2798, Yes agree.
ParamjitMahapatro
@shiv2798, It has gained strength, and getting bullish.
shiv2798
@ParamjitMahapatro, Yes sir it has , Now
Thanks for your kind information
Regards
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