BHEL: Above 72 can see explosive movement

Chart is self explanatory. Keep a close eye.

Between 69-67 looks good to accumulate

Explosive movement may come once closing is above 72 for targets of 80 / 84

SL 63

Do note: This is not the 1st time we have written about BHEL. Last 2 recent ideas worked to perfection. It should be noted that our view may be biased because of our earlier positions. So pls do your due diligence

Here are the Link to previous ideas


BHEL Chart set up and view




BHEL Chart set up and view



Take care & safe trading...!!!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
BHELBullish PatternsLONGTrend Analysis

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