Trading_hawk

Simple Trade Setup | BHEL | 09-08-2021

NSE:BHEL   BHARAT HEAVY ELECT
NSE:BHEL

Here is simple trade setup for BHEL . Levels and chart are easy to understand.

Further if you see on daily time frame, it has formed inverted hammer pattern. So if on 09-08-2021, if it maintains the level and trade above 57.55/57.65 then it will be bullish . And if it fails to do so then it will continue it downward journey.

Do comment your doubt or suggestion.

My personal view is to wait for Monday to see how price action work and then jump in to the trade on either side.

Trade active:

Comments



Today successfully broken the trendline.
Reply
all your ideas are awesome where can I learn from you do u have youtube channnel???
Reply
Trading_hawk vardhan488286123
@vardhan488286123,
Thank you for your comment.

I am planning to start youtube channel.But will take some more time.
Stay tuned.
Reply