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BHEL 4 HOUR WOLFE WAVE SELL SETUP

BSE:BHEL   BHARAT HEAVY ELECTRICALS LTD
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BHEL 4 HOUR WOLFE WAVE SELL SETUP

BHEL SELL NEAR 57.70 WITH STOPLOSS 61.30 TAKE PROFIT 52.70 AND 48.70



NOTE :
BHEL CURRENT HIGH 61.30 STRONG RESISTANCE
THAT POINT BELLOW IS SAFE SELL
Comment: UPDATE:- BHEL SELL 1ST TARGET DONE 52.70 (PERCENTAGE PROFIT GAIN 8.67%)
ADVISE TO BOOK PARTIALLY &
REST HOLD WITH REVISED STOP LOSS OF 57.70 FOR TARGET OF 51/48.70

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