srikartiram

BHEL | Looks good for 30%

Long
NSE:BHEL   BHARAT HEAVY ELECT
BHEL | Looks good for 30%

CMP : 29.50
SL : 26
First Target : 38 or when the trendline is met.
Trade closed: target reached

Comments

(On weekly frame) ---Immediate res@33.21. then path is clear till 37 with next res@42 (fib level) tested this level twice since July2020. If crossed then upside will be 53, 57 and 70. But this is investment grade share and not BTST.
Thanks for your analysis and good to see BHEL analysis
+7 Reply
Your target is met chhers
+1 Reply
Sir should i sell bhel its down now or i should hold it plz tell
+1 Reply
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