BHEL ANALYSIS
BHEL cmp 74.15 on 17-10-2021
SELLING ZONE 75.70 - 77.65
BUYING ZONE 66.65 - 71.75
ACTIONS
1). OPENS GAP UP
A). FOR BUYING wait till 10.30 am once 5 min candle crossed above day high till 10.30 am then Buy with sl day low till 10.30 am OTHERWISE IGNORE
B). FOR SELLING wait 10.30 am once 5min candle crossed below previous day low Sell with sl Day High for the tgt of 71.80 then 66.80.
2). OPENS GAP DOWN
A). FOR BUYING wait till 10.30 am once 5 min candle crossed above day high till 10.30 am then Buy with sl day low till 10.30 am OTHERWISE IGNORE
B). FOR SELLING wait 10.30 am once 5min candle crossed below day low sell with sl Day High for the tgt of 71.80 then 66.80.
SELLING ZONE 75.70 - 77.65
BUYING ZONE 66.65 - 71.75
ACTIONS
1). OPENS GAP UP
A). FOR BUYING wait till 10.30 am once 5 min candle crossed above day high till 10.30 am then Buy with sl day low till 10.30 am OTHERWISE IGNORE
B). FOR SELLING wait 10.30 am once 5min candle crossed below previous day low Sell with sl Day High for the tgt of 71.80 then 66.80.
2). OPENS GAP DOWN
A). FOR BUYING wait till 10.30 am once 5 min candle crossed above day high till 10.30 am then Buy with sl day low till 10.30 am OTHERWISE IGNORE
B). FOR SELLING wait 10.30 am once 5min candle crossed below day low sell with sl Day High for the tgt of 71.80 then 66.80.
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