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gvvaidya
Jan 17, 2024 7:36 AM

BHEL possible breakout on Monthly Channel - long for 360++ 

BHARAT HEAVY ELECTNSE

Description

BHEL monthly chart...possibility of a falling channel breakout....if it sustains then expect 360 to 390 in medium term...215 should sustain for this to happen

Comment

BHEL nice breakout seen with good vol as well....lets see how bulls manage to take it up ahead

Trade active

2 monthly close above the upper TL...good going bulls

Trade active

from 207 on Jan 17 to 269 on Apr 12 not bad at all.....stock moving ahead in the right direction for the levels mentioned earlier...good going so far

Trade active

300 done today....good going
Comments
lakshmankumar501
charts📊📊 har stock ki chal bol deta ye buyer or sellers ki 📶signals k sath work karta h smjhne ki dar h
hakkimfaiyaz
It will return to 164 from the current level
cpal1056
short term
hareshst99
🫶
bhavasharma1
What's period for medium term?
gvvaidya
@bhavasharma1, medium term for me is about 8-12 months....pls note this is monthly chart so the target is not going to come in a hurry :)
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