BHEL looks promising Long

NSE:BHEL1D

BHARAT HEAVY ELECTNSE

Description

⋅ Jun 20, 2020 5:50 PM

BHEL looks good above 33 for the target of 39, 42, 45

Trade active

⋅ Jun 22, 2020 10:25 AM

Made a high of 34.90

Trade closed: target reached

⋅ Jun 25, 2020 5:11 PM

First Target hit. High of 39.80.
Keep Trailing profits since markets are volatile

Fibonacci Trend Lines

Comments

Harshsoni1997

⋅ Jun 23, 2020 7:54 AM

sir i want buy BHEL at 35 RS ,is it feasible?

nvihang

⋅ Jun 23, 2020 8:24 AM

@Harshsoni1997, Risk Reward is not good now... I would say avoid for now.

Harshsoni1997

⋅ Jun 23, 2020 8:37 AM

@nvihang, thank you sir for your guidance.. actually i have also 200 share at rate of 25 RS BHEL so at what price i should sell?

nvihang

⋅ Jun 23, 2020 8:50 AM

@Harshsoni1997, I am expecting it to reach 38 where it might face resistance but keep trailing the SL. I am also expecting the markets to correct heavily post this expiry

nvihang

⋅ Jun 24, 2020 5:13 AM

@nvihang, 38 done today... Please keep trailing. Enjoy your profits !!!! :)