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NikhilTharakath

BHEL 200 EMA BREAKOUT - SWING OPPORTUNITY ?

Long
BHARAT HEAVY ELECT (NSE:BHEL)  
NikhilTharakath  
NSE:BHEL   BHARAT HEAVY ELECT
Trend Analysis BHEL uptrend 200emacrossover breakout
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trendanalysis bhel uptrend 200emacrossover breakout
BHEL was on a downtrend for the past two months and 200 EMA was acting as a dynamic resistance and it was tested two times before todays breakout with high volume. And it was creating higher lows from November 4th.

ABOVE 30 BHEL looks bullish.


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