SafeTrader1976
Short

BHEL - Looks Bearish.

NSE:BHEL   BHARAT HEAVY ELECT
Looks Bearish .
Moving in Channel.
Over Bought Zone.
At Resistance Level .
Risk Reward Favourable.
Can be Short till 105-107.
Positional View.
Please Consult Your Financial Advisor Before Taking Any Decission.
Other Details Mentioned in Chart.
I am not SEBI Registered Financial Advisor.
Jan 16
Trade closed: target reached: Low 95.70. Almost 1st target achieved. TSL as per comfort.
Feb 12
Trade closed: target reached: Low Made of 89. Almost All Targets Achieved.
hI i have shorted bhel at 105.10/- feb future /- should it go down to 100 level within fews days..
can i hold or exit..?
Reply
SafeTrader1976 riteshtidke07
@riteshtidke07, Hi. Now 107 to be watched. You can keep SL above 107. I always TSL after once in profit.
Reply
riteshtidke07 SafeTrader1976
@safetradingviews, okay 107 will be my stop loss ,but sometime it went towards the stop loss level ,and suddenly it came down to days opening level

so shall i wait for some time above 107 -109 level
Reply
SafeTrader1976 riteshtidke07
@riteshtidke07, OK. Today also it's near 105. I m telling about spot price. Please trade @ ur own risk.
Reply
riteshtidke07 SafeTrader1976
@safetradingviews, i have not exit yet from my shorts ..
still waiting for 100 levels ,market is in Upward direction but bhel doesnt show any movement ..morning it open high at 107.20 levels and then it started downward direction
Reply
SafeTrader1976 riteshtidke07
@riteshtidke07, OK. As it's below 105, u can Keep SL above 107 spot. It's my view only.
Reply
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