dsuraj32

BHEL Monthly Time Frame Analysis

Long
NSE:BHEL   BHARAT HEAVY ELECT
BHEL Monthly Time Frame Analysis

Everything is written on the charts to summarise it

- Price broke out of Multi-Year Bearish trendline
- If a company start performing good can be a good multi-bagger again as it ATH around 2007
- Minor Red Rectangle is Minor Resistances

- Right now moving in an upward channel
-Next TGT 100
- Or it would just fall to major support again

Let see How it goes

*Not an investment idea just my views*

*If you need analysis for any equities feel free to leave me a comment*