Trade-Wealth
Long

Investment Picks - BHEL

NSE:BHEL   BHARAT HEAVY ELECT
130 views
3
On weekly chart BHEL has sharply bounced from it's support level , one can buy at this level and can hold for 6-12 months time frame.
Target shall be 190. Stop loss can be around 120 zone.
Sep 15
Trade active: 130
Nov 03
Comment: BHEL has gone bonus of 1:2, so the revised target figures are 130.

Revised chart

Nov 03
Comment: Our entry was around 85. Now trading at 100 watch out for next moves

Comments

Price retraced back from day's on 15/9, is the only area of concern. It's good inv. pick, but for trading purpose in fno, I'll wait.
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hotpot64 hotpot64
price retraced back from day's high on 15/9/17
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