BHEL- Above 146 -Likely Upside for New High Above 163

Its a complex correction happening in Bhel- Going above 146- Likely it should make a new high in the zone 175-185 & then fall again.

Trade active:

07:10 Hrs 24th Nov2016

Last Price@125

Going above 146- likely will travel to 175-185

146.80- sellers were interested to dump the stock below 146

Trade active:

15:10 Hrs 10th Dec2016

Last Price@129

Failed to cross 146 convincingly & had a fall to 124 lows