Get started
MagixStox

Cup and Handle in BHEL, breakout expected

Long
BHARAT HEAVY ELECT (NSE:BHEL)  
MagixStox Updated   
NSE:BHEL   BHARAT HEAVY ELECT
Support and Resistance Cup And Handle BHEL cupandhandlepattern
1
0
supportandresistance cupandhandle bhel cupandhandlepattern
Cup and Handle formation in BHEL, a big breakout is expected with next significant resistance at 61 level. SL can be kept below the demand zone it is currently sitting on.
Comment:
Shying to perform, waiting till it either gives a breakout or breaks the support zone
Comment:
Broke the support zone, exited position
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.