BHEL CMP 66.60 Observations - Long term trend is up - currently in short term down trend - trading between 20 day EMA (in yellow) and 50 day EMA (blue) - there was a big gap down on 14 June 2021 - that zone may act as resistance for some time - thereafter the stock has struggled to get past the orange line around 69.60 - the yellow zone is where the stock...
Range and volume contraction after long bullish candle are indicating of probable upmove. 61 should hold on DCB for upmove towards recent new high. I have position in stock. Disc : it's not an investment advice to buy or sell
#86 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know. Leave a comment that is helpful or encouraging.
Buy bhel for a target 80 short term. Stock under consolidation. Expect breakout soon. Those who have must hold on.
BUY BHEL AT CMP FOR 71 LEVELS. 1) TRIANGLE PATTERN BREAKOUT 2) BULLISH MARKET STRUCTURE 3) TRADING ABOVE ALL SMAs. FOLLOW ME FOR MORE SUCH BUMPER TRADES.
Bhel after doing a good rally has come back to test its level and retested its level . Proper chanel pettern breakout and retest. Proper support taken in daily timeframe . we can expect upside move . It can turn out to be a good swing trade . It is for educational purpose I'm not any expert .
BHEL - broke and sustaining important weekly level of 57.15, Good volume also seen on daily chart Entry – CMP or around 60 (if Pull back happens) Stop loss – 50.35 (Trailing Stop 58.7 after Price gives a run up) Target 1 - 103.45 Target 2 - 195.7 Duration - 2-4years Small resistance around 59.6 (Crossed and Sustained) Strict Trailing Stop loss will be required...
BHEL is expected to announce it's quarter results today.. The stock opened gap down in the morning by over 10% and is still trading negative but the current close is much above the low of the day made. Should the results be favorable, the stock can fill the gap and give some nice move up. The low of the day tested the 50% Fib retracement level and has bounced off...
Hello Fellow Traders , I hope you & your family are safe and you're enjoying the bull run. Just look at the below chart BHEL is giving goo momentum & is at critical resistance which also acted as critical support once 1. ENTER around : 77 2. Target : 104 3. SL for low risk taker (based on daily chart ) : 69 / SL on the basis of weekly chart : 58 Enjoy the trade :)
Weekly Chart #CESC NSE: CESC Short Term Quick Profit CMP 742.65 Target 1: 786 Target 2: 846 SL : 684 Timeframe < 90 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern...
I previously posted an idea to short BHEL only IF it breaks the marked distribution phase from the lower band. If you see the description of the previous idea on BHEL, you can see that I have written there that ONE MAY LOOK FOR BUYING OPPORTUNITIES IF IT GIVES A BREAKOUT FROM THE UPPER SIDE OF THE RECTANGLE. And here we are Today Bhel gave a good breakout form...
BHEL Delivery CMP 77 and in Dips till 74 Sl 69 Trg 85 90 For Educational Purposes Only . TradeAdda
PSU companies about to rallying ONGC,GAIL,COAL India,BHEL,BPCL keep on radar.
RSI ABOVE IN HOURLY 60 ASCENDING TRIANGLE IN HOURLY CHART BUY IF ITS BREAK