indiamarketoutlook
Long

BHEL: Reversal on cards

NSE:BHEL   BHARAT HEAVY ELECT
115 views
4
BHEL:
CMP 137.50

Last month, it was mentioned that BHEL chart is suggesting

A buy on dips towards 133-128 zone can provide better risk::reward ratio


 Well the stock reversed exactly from that zone after making a low of 130.80


Going forward, the stock may gain further strength above 142...
Short to medium term Target 147 / 158

SL below 128

Take care & happy trading

Comments

Hi
Thanks for the call, booked profits :-) I know it's bit early but it is bit of a slow movers.
Once again thanks
Reply
@hotpot64, Nice...yes u r right, this has been a very slow moving counter compared to how other stocks have been giving 5-20% movements just like that...

we too have booked profits today above 141 levels and waiting to see for further indication for our next move...


Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out