champtrade111

BHEL -- INTRADAY SETUP -- 20/04/2022

Long
champtrade111 Updated   
NSE:BHEL   BHARAT HEAVY ELECT
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. !

Comment:
bought @53.55 --9.20 am -- 20/04/2022
Comment:
1st intraday target 54.50 HIT .!! 10.05 AM ..
Comment:
HAPPY TRADING. !
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