BHEL
Long

BHEL: Range Shift Bearish to Bullish?

BHEL: After a former failure breakout attempt from the clouds, today’s session made an reattempt to breakout. The RSI is into a bullish zone and also managed to form a PR on the daily charts just near 60, indicating strength. The TK is pointing up with MACD above zero indicating bullish strength in the move. As long as the stock stays above 50 the trend up can be considered safe.
We have launched “PRORSI” Trading mobile application providing you the best trading ideas. Download now from Play store or IOS.
bankniftytrendBHELChart PatternsichimokukinkohyoTechnical Indicatorsnifty50options-strategyrsi_divergenceTechnical AnalysisTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
Also on:

Disclaimer