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nirav5
Jul 15, 2017 3:01 AM

Will BHEL make it? Long

BHARAT HEAVY ELECTNSE

Description

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.
Comments
Vicky_S
Hope it does... this is one psu where there was no short covering..
nirav5
@Vicky_S, True.
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