NikhilTharakath

BHEL 200 EMA BREAKOUT - SWING OPPORTUNITY ?

Long
NSE:BHEL   BHARAT HEAVY ELECT
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 .