BHEL Short Term Trade
Updated
On a 4 hrly chart,
Resistance area around 134 has been broken
The breakout candle has a high volume and negligible wicks
A small cup and handle pattern has been formed taking the 134 level as neckline
Also there is a visible rise in atr on and after breakout
For a Short Term Trade , tgt = 148, sl = 130
Resistance area around 134 has been broken
The breakout candle has a high volume and negligible wicks
A small cup and handle pattern has been formed taking the 134 level as neckline
Also there is a visible rise in atr on and after breakout
For a Short Term Trade , tgt = 148, sl = 130
Trade closed: target reached
10% upmove
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