nirav5
Long

Will BHEL make it?

NSE:BHEL   BHARAT HEAVY ELECT
After couple of Doji candles finally we have bullish signal at the channel support in the weekly chart of BHEL             .
Even if we check monthly chart BHEL             has negated the downfall with the Doji candle.
It's a positional trade.
We are witnessing short covering in many PSUs, let's see if BHEL             stands a chance.

Small targets 145, 150 it can go further.
SL 135.
Comment: Made a high of 145.50, target 1 has come.
Hope it does... this is one psu where there was no short covering..
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nirav5 Vicky_S
@Vicky_S, True.
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