champtrade111

BHEL -- POSITIONAL

Long
champtrade111 Updated   
NSE:BHEL   BHARAT HEAVY ELECT
BHEL -- DAILY CHART -- POSITIONAL

1. BHEL Seen trend reversal doji candle on daily chart last closing daily candle

2. Currently stock trading at upper channel and lower level of upper channel doji candle indivcate possible trend reversal from current level at
55- 57

3. currently stock closing at strong support line 55-57 level

4. trix line near center line

5. one can initiate buy at current level 55-57 for target 60-62-65 as positional trade ( 1 month ) and stop loss can place at 50-51 level


** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!

HAPPY TRADING. !!


Comment:
toadays candle is heikin ashi bullish green candle formation after doji candle indicate trend teversal confimration on short term trend.

29/09/2022 -- 10.00 am
Comment:
target 1 - 60 HIT... --30/09/2022
Comment:
target 2 - 62 HIT. ---04/10/2022
Comment:
Target 3 - 65 HIT ---18/10/2022
Comment:
all 3 positional target HIT .
Comment:
AS Discuss earlier BHEL seen channel breakout above 70 level and move above 72-74-75 level ..now ! 31/10/2022
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