BHELLong
Cup and handle !!
Stock is facing multi-year resistance at around 78-80 levels. And has formed C&H pattern on weekly chart.
Now, one can keep this stock in watchlist and any close above 80 levels on weekly CB, long positions can be considered with SL as per risk appetite for targets of 110 and 122 in coming weeks, months.
Kindly do your analysis before initiating trade.
Now, one can keep this stock in watchlist and any close above 80 levels on weekly CB, long positions can be considered with SL as per risk appetite for targets of 110 and 122 in coming weeks, months.
Kindly do your analysis before initiating trade.
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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.