BHEL Is a multi-bagger Long

BHARAT HEAVY ELECTNSE

Description

⋅ Feb 14, 2020 4:06 PM

BHEL is a multi-bagger . check the wave counts

⋅ Feb 21, 2020 12:36 PM

⋅ Feb 21, 2020 12:39 PM

If you have taken a long position , it is better to exit @ 39.3

because it is expected to go below 33

Comments

TRADEWITHFUN247

⋅ Feb 18, 2020 9:51 AM

HOW ABOUT THE FUNDAMENTALS ?

joel-vg

⋅ Feb 18, 2020 5:13 PM

@pawan909,

Valuation wise below 35 , the stock is very attractive,
PE ratio is 9.49
Price to book value is 0.39
ROCE is 5.33%
ROE is 4.15%