Retest/Backtest Levels after the breakout in BHEL.
Updated
after a range/ flag breakout a good bull showed by BHEL. may show some consolidation in this zone of 66.75-75.50. either you can buy at support or you can enter in the trade after the breakout which is 1D candle closing above 75.50 level. if manages to break 66.75 level may show 61-60 level downside. the probable path is shown on the chart.
RISK MANAGEMENT SHOWN IN THE CHART WILL BE TOTALLY ON YOUR RESPONSIBILITY AS IT JUST MY SUGGESTION/ADVICE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS.
RISK MANAGEMENT SHOWN IN THE CHART WILL BE TOTALLY ON YOUR RESPONSIBILITY AS IT JUST MY SUGGESTION/ADVICE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS.
Trade active
after being in lower circuit after the declaration of financial results it still can be a good pick at CMP which is 65-68
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