BHEL --INTRADAY SETUP-- 21/11/2022
BHEL --15 MIN CHART -- INTRADAY SETUP -- 21/11/2022
1. Trendline breakout seen on 15 min chart above 70 level
2. Triangle pattern formation and triangle breakout also seen at same level
3. Stock seen consolidate at this level after sharp rise from above 50 level to 75 level last few days fall around 70 and look like ready for upmove again
4.Triangle breakout candle seen last 15 min closing candle .
5. Trix line seen positive crossover around center line ( 0 line )
6. one can initiate intraday BUY around 70-70.75 level for intraday target 71-72-73 stop loss can place bellow support level at 68.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk .!!
HAPPY TRADING . !!
1. Trendline breakout seen on 15 min chart above 70 level
2. Triangle pattern formation and triangle breakout also seen at same level
3. Stock seen consolidate at this level after sharp rise from above 50 level to 75 level last few days fall around 70 and look like ready for upmove again
4.Triangle breakout candle seen last 15 min closing candle .
5. Trix line seen positive crossover around center line ( 0 line )
6. one can initiate intraday BUY around 70-70.75 level for intraday target 71-72-73 stop loss can place bellow support level at 68.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk .!!
HAPPY TRADING . !!
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