BHELLong
Cup and Handle and Trendline Resistance Breakout
Updated
In BHEL, Today a huge amount of open interest along with Huge Volumes added as long position.
Along with that, Coming to chart patterns, A cup and Handle pattern got completed and broken trendline resistance.
Entry @ 57.45
Stop loss @ 51.6
Target @ 64.2
Consider it for only educational purpose
Along with that, Coming to chart patterns, A cup and Handle pattern got completed and broken trendline resistance.
Entry @ 57.45
Stop loss @ 51.6
Target @ 64.2
Consider it for only educational purpose
Trade closed: target reached
Bhel gave nearly 1.13% profit in 1 day..so if you are very short term trader then you can exit. As Monday markets may have an effect of Jackson hole meeting outcome
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