Yesterday we have updated trade on NSE:BHEL for the price target of 84 and we are glad that we hit 83.5 but the stock reversed from there I exited my position and took a short position as you see in today's chart update. Do like and follow and comment the stock you want analysis on?
BHEL is in good uptrend. it is forming an ascending triangle pattern with higher lows which is good sign of an uptrend! Long opportunities can be seen at the levels of 84-85 if this level breaks further upside can be seen in the stock! do keep this stock in your watchlist if the ascending triangle is broken on the downside trend is assumed to be reversed.
NSE:BHEL After retest of Inverse HNS breakout. Again ready for the Rally to New Highs. It's a multi year Breakout. and has potential to go much higher.
BHEl Demand And Supply Zones BHEL give multiyea Breakout , after breakout stock tryng to retest to Support Zone - 75 to 80 Buy Near Support Zone BHEL First Target - 103 BHEL Second Target - 117 Stoploss - Any Weekly Candle Closes Below - 75 Exit from trade
Here in BHEL it looks like wave 1 & wave 2 have been completed at 391 & 18.60 respectively. 3 monthly chart has been shared for clarity. The red arrow is marked for entry.. TSL is also shared ...
1. 2021 High Breakout. 2. Huge Breakout Volume. 3. Aggressive New longs in Futures. 3. Increased Deliveries. 4. Huge Volume Activities in last couple of months. 5. Strong Relative Strength and RS inclined up (meaning Stock continues to outperform benchmark). 6. Net Alpha of 42.71% from ARS date 7-March 2022.
Classical Cup and Handle Breakout in Bharat Heavy Electricals Ltd Fundamentally this is one of the undervalued stock in the Capital Goods - Electrical Equipment sector which comes under Electric Equipment industry. 52 week high also broken and candle closes above that level with marubozu candle supported by volume. Target are mentioned in the chart. Stop loss...
Stock Name - Bharat Heavy Electricals Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 83 #This is not Buy and Sell recommendation to any one. This is for...
NSE:BHEL ✅ #BHEL trading above Resistance of 78.5 ✅ Next Resistance is at 104 Here is related chart: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This...
Bhel is looking good on daily charts by breaking a downtrend line resistance in style and closed on above that resistance with good volume jump in it, earlier also it breaks a strong resistance which I shared that link also in this chart, so we can see coming more bullishness in this counter. Cause of Long-: 1- Down trendline trendline breakout 2- Volume Breakout
NSE:BHEL after correction has resumed the uptrend. Shall be ready to hit New Swing Highs.
Bhel has couple of resistance ahead, 73, 77 and 80 . Result of this quarter has not boost the confidence of investor thus far. So, it might move down to touch the support of the parallel channel. Positional view for the next 10-15 days :- Target : 65 Entry at 73+ SL: 75 for more details see the chart .
BHEL --15 MIN CHART -- INTRADAY SETUP -- 21/11/2022 1. Trendline breakout seen on 15 min chart above 70 level 2. Triangle pattern formation and triangle breakout also seen at same level 3. Stock seen consolidate at this level after sharp rise from above 50 level to 75 level last few days fall around 70 and look like ready for upmove again 4.Triangle...
NSE:BHEL trying to break abv bullish pennant. Stock can give some bullish momentum abv 76.5 Towards Higher end of Trend channel.
Bhel breaking out of Multi Year consolidation. Can give fierce rally. Disclaimer : We may have position in stock. Consult your financial adviser before taking any positions.
BHEL , Cup and Handle on Weekly Chart, Huge Upside NSE:BHEL BHEL Classic Cup and Handle on Multi Year Chart (Weekly ) T1 79.25 Short T2 120 Long Term Only Only For Study Purpose
BHEL -- DAILY CHART -- POSITIONAL 1. BHEL Seen trend reversal doji candle on daily chart last closing daily candle 2. Currently stock trading at upper channel and lower level of upper channel doji candle indivcate possible trend reversal from current level at 55- 57 3. currently stock closing at strong support line 55-57 level 4. trix line near center...
Bhel is looking bullish on weekly chart after so long time and consolidations I tried to identify earlier good support that become resistance later now it is breaking that resistance and gives a strong close on above that resistance it is indicating coming bullishness in this counter by the price levels currently it is breaching identified the trendline