BHEL
10 FLAGS on Republic DayFollowing are the 10 flags formed on the hourly timeframe .After a good rally last week creating long poles, yesterday's pullback created the flags.
Well there are lot of people coz they are THE PUBLIC of The REPUBLIC
TECHM - Hourly
CEAT- Hourly
KPIT- H
DHFL-Hourly
AXIS BANK -H
NILKAMAL - H
IBULHSGFIN- H
ADANI POWER - Hourly
BHEL- Hourly
BHEL Debt free , healthy dividend and divestment candidate makes it a safe bet for long term holding. Resistance at 175 then see 250-275 . Now we can say investment in Navratna is worth. Also there is a tax rebate in investing in this company. think simple think long , stockdada.com
BHEL Bearish sentiment at channel resistance of 101Educational
BHEL Bearish sentiment at channel resistance of 101.
Short below 100.2
Target_1 - 98
Target_2 - 96.5
Target_3 - 94.5
Accumulate BHEL for long termAccumulate BHEL for long term purpose.
Aim it for Multi bagger and catch each dip
bhel looks bullish in medium termin weekly, price at uptrend channel support, so with a sl of 129, tgt should be the channel resistance 180-185.
Bhel Breakout on Bswing !Stated our reasons in Bhel chart itself, if you have specific queries then drop in, No worries :)
BHEL: Potential Double Top Buy After a strong rally, price has consolidated recently. A buy signal would be triggered in this Point and Figure chart above 172.5.
watch this stock.
BHEL: Signs of OutperformanceAfter several years of underperformance in relation to the Nifty, the BHEL stock has displayed signs of outperformance in the recent weeks. The breakout of the ratio line above its 200-DMA is a positive sign. Keep this stock in your radar.
BHEL BUILDING MOMEMTUMIt is been observed that the price action breaking above the resistance levels of 138 and now retracing back to it making it a support levels. Now, it is moving up to next resistance level at 144-145 levels.
Target: 145
Stoploss: 138
W pattern BHEL BUY !Here exists a beautiful W pattern buying opportunity in the stock. The second bottom has shown a divergence also. Normally the target for the W patterns are big reaching the area from where trend started, let's see how this stock moves. Good risk to reward ratio. WEducational purpose as I am not trading it.
Sell BHEL (Intraday)BHEL gap-up and make high of 143.65 one can take a short intraday. SL 142.80 Target 140.50
Bhel looking goodBHEL taking support at daily Kijun Sen @147.50. Reversal can happen here. Can be bought with 141 for a target of around 165.
BHEL - Triangle Breakout to Upside (BUY)The price action broke out from the consolidation symmetrical triangle and as per its measurement target is expeccted to reach at 145 levels.
Target: 145.40
Stoploss: 135.40
BHEL : Bearish Trend Continuation ! We had very good move after the ascending triangle breakout, booked some great profits out of it and now BHEL is retesting the resistance, so I'm planning to go short if we get bearish confirmation, I'm not sure what will happen on Monday, if we get Gap Up in BHEL bcos of Nifty better we can re-think this entry strategy. If it opens in one and once bearish confirmation is seen, then we can short Bhel aiming for 132 levels.
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Happy Trading !!
