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.