DSKF16

BHEL: Preparing for a NEW Rally

Long
DSKF16 Updated   
NSE:BHEL   BHARAT HEAVY ELECT
11
BHEL: Preparing for a NEW Rally
#1. Point C = 0.779 of AB, Near 0.786 Retracement Level.
at @ 130.30 Point C = 0.786 of AB (Can Treat as Strong Level).
#2. Bearish GAP Between @ 152.80 & @ 147.5.
#3. After Consolidation Crossed FIB. ARCH 4 X 1 & Traded in 5 X 0 Zone.

Go LONG for Short term TGT: @ 143.1, @ 150.65, @ 156.75, @ 162.90

Best BUY: @ 134.30 - @ 132.60
Intraday / Swing Levels.
Res. / TGT.: @ 136.3, @ 137.5, @ 138.75, @ 139.5 - @ 139.9 (HZ)
Sup. / Accumulation: @ 134.3, @ 132.6 @ 131.90

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Trade active:
Achieved SWING Level #1 @ 136.3.
Made a HIGH @ 137, Near Swing Level #2 @ 137.5
LTP @ 136.95, as of NOW +2.2%
Trade active:
Achieved SWING Level #1 @ 137.5
Made a HIGH @ 137.6,
LTP @ 136.95, as of NOW +2.5%
Comment:
Correction: "Achieved SWING Level #2 @ 137.5"
Comment:
BHEL: @ 135+
Expected Intraday UP Move.
TGT: 136.50, @ 137.90, @ 139.8+
All Logic plotted in Snapshot.

Comment:
Nearing Short Term TGT #1: @ 143.10 (Plotted on Chart)
Made a HIGH @ 141.70
View Given "Best BUY: @ 134.30 - @ 132.60 "

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