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PriceActionTrader1

BHEL - price analysis

Long
BHARAT HEAVY ELECT (NSE:BHEL)  
PriceActionTrader1  
NSE:BHEL   BHARAT HEAVY ELECT
Trend Analysis Candlestick Analysis dragonflydoji meanreversion pullback
4
0
trendanalysis candlestick dragonflydoji meanreversion pullback
BHEL has shown reversal sign with dragonfly doji candle at 56 level. It is also a support level which was a previous resistance. RSI(14) just entered oversold zone. If price stays above 56.90 level, it could go to 67.
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