ArcherDAVIS

BHEL LONG 30 min BREAKOUT

Long
ArcherDAVIS Updated   
NSE:BHEL   BHARAT HEAVY ELECT
BHEL has formed a bullish triangle pattern on the 30 min chart. This is very favorable trade in terms of RR (3.84:1).

Strategy:
Looking for breakout above the previous highs from the current levels.

Buy @ 41.5
SL @ 40.5
T1 @ 44.2
T2 @ 45.1

Trade closed: stop reached
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.