BeingNick

BHEL - Long Idea - Re-entering for Target of 82

Long
BeingNick Updated   
NSE:BHEL   BHARAT HEAVY ELECT
Scrip - BHEL
Setup : Start of Second Wave (Elliott Wave) for a Target of 82.
Stoploss : 63. (I will be adding more to my position in case market crashes and will accumulate this stock at lower levels)

Please be note, this is the first time I am publishing an idea following Elliott wave to see the viability of the concept and testing my understanding.

I had earlier published a Trade on BHEL and that was successfully closed with good return of 25% profits @75. This is a re-entry in the stock.

Please use your own judgement and analysis and trade as per your risk and knowledge.
I am not a SEBI registered Analysts or Financial Advisor. Please trade as per your risk profile.
Trade active:
Added some to the open position @ 61.
Will be adding more at lower levels.
Please trade and invest based on your knowledge and risk profile.
Trade active:
Added some to the open position @ 45.
Please trade and invest based on your knowledge and risk profile.
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