Inverse Head and Shoulder Pattern in BHEL for target of 40+
Updated
In today's session, BHEL breakout the inverse head and shoulder pattern. As well as its trading above 200 DEMA. It's indicating a strong bullish move in this stock for a short term. In the upcoming few trading session, we can expect a target of 40+ in this stock. Can go long for a target of 40+ with nearest stop loss at 34.30. Near 35.50 is a good entry position in this trade to get a good risk-reward.
Possible Trade:
Buy BHEL above 35.50
Stop-loss 34.30
Target 40+
Possible Trade:
Buy BHEL above 35.50
Stop-loss 34.30
Target 40+
Trade closed: target reached
Visit: bit.ly/tradzoopage
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Join Us on Telegram For Regular Updates=>
t.me/tradzooIndex
Download TradZoo Android App => bit.ly/TradZooApp
Download TradZoo App For iOS =>
bit.ly/TradZoo-iOS-App
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.