STICK TO THE PLAN
TARGET 1: 50
TARGET 2: 60
TARGET 3: 65 ( RISKY PLAYERS ONLY )
EARN EXACTLY UP-TO 45% PERCENT OF YOUR INVESTMENT IN LESS THAN A MONTH WITH A EASY TRADE
DON'T HESITATE TO GO FOR THIS TRADE BECAUSE THESE ARE EASY MONEY
1. a head and shoulder spotted
2. wait for a full breakout
3. trade on the retest of the daily neckline
4. If the end of week, the weekly candle is a rejection candle, check for bearish div in the weekly chart
**wishing you all the best. Learn before you can trade**
I hope you can now see how Bhel represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
BHEL SHORT TERM LONG.
BHEL FOLLOW THE TREND LINE PATTERN PAST FEW DAYS.
TARDE TAKEN BASED ON THAT TREND LINE AND ALSO . SOME TECHNICAL ANALYSIS ALSO MAKE.
SL: WHEN MARKET BREAK THE TREND LINE AND CLOSE DAILY.
TARGET : 42.75.
Goverment of India has stated that defence requirements in India will be made by India and reduce any imports. This has seen a direct effect in companies working for the defence sector like NSE:HAL , NSE:BEML , NSE:BEL , NSE:BDL & so on.
BHEL has also seen it's fair share of buying in the last week with the news annoucement pushing all defence PSUs higher....
Head and shoulder patter observed in BHEL.
H&S indicates a trend reversal from Bullish to Bearish. But Since Nifty is in bull run & will go upwards after minor corrections happening since past few days.
Hence I am more in favor of long setup in BHEL. Volume is gradually increasing from a couple of days.
Volume & Price action is in favor of a long setup