BHEL INTRADAY SETUP --HOURLY CHART - 20/04/2022
1. As seen on hourly chart Last hourly candle seen strong pullback to channel and stock trading at lower channel support level now
2. as channel continue will seen good support from here to next trading session .
3. MACD above center and signal line
4. RSI at mid range above 50 n daily chart
5. hourly chart pattern is higher high
BUY BHEL @ 53.55
TARGET 54.50 -55
Stop loss 52.25
** THIS IDEA IS FOR EDUCATIONAL PURPOSE.. trade at own risk
** HAPPY TRADING. !
1. As seen on hourly chart Last hourly candle seen strong pullback to channel and stock trading at lower channel support level now
2. as channel continue will seen good support from here to next trading session .
3. MACD above center and signal line
4. RSI at mid range above 50 n daily chart
5. hourly chart pattern is higher high
BUY BHEL @ 53.55
TARGET 54.50 -55
Stop loss 52.25
** THIS IDEA IS FOR EDUCATIONAL PURPOSE.. trade at own risk
** HAPPY TRADING. !
Note
bought @53.55 --9.20 am -- 20/04/2022Note
1st intraday target 54.50 HIT .!! 10.05 AM ..Note
HAPPY TRADING. !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.