#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.
Trade closed: stop reached
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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.