BHEL: A probable trade
Updated
#BHEL
Breakout from resistance with volumes.
Buy at CMP or retest of 75 level.
Buy in dips till 71.
Targets marked out in purple.
Time frame 1-2 months.
Stoploss (conservative) 66.
Disclaimer: I am not SEBI registered. Personal opinion and charts that I share are for educational purpose only. Not recommendations.
Breakout from resistance with volumes.
Buy at CMP or retest of 75 level.
Buy in dips till 71.
Targets marked out in purple.
Time frame 1-2 months.
Stoploss (conservative) 66.
Disclaimer: I am not SEBI registered. Personal opinion and charts that I share are for educational purpose only. Not recommendations.
Trade closed: stop reached
The results weren't as bad as the stock has reacted. Furthermore, brokerage firms have given sell rating with targets in the 40s and 50s. I will personally hold it and look to average when the selling dries down.Should you wish to exit, then, I am sorry for this trade.
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