Bhel NSE:BHEL Cmp - 62 Stop - Nil, keep adding in dips Expectation - T1 - 72 T2 - 90, Review at 90 Expected Holding Period - 3 months or earlier for T1, 5 months or earlier for T2 View:- Swing/Investment
Looking at the 4 hour time frame, the stock is making a beautiful triangle pattern inside of a channel. It has broken the trendline resistance of Rs 61 and has moved upwards. After almost 3 months of moving inside the candle, it has finally given a breakout. It also broke the trendline with good volumes which is another positive sign. Around 8% returns can be...
Potential Opportunity as Swing Trade in NSE:BHEL Risk : Reward - 1:2 Entry - 62.35 Stop Loss - 54.00 Target - 79.00 This is for Educational Purpose only, apply your prudence & consult your adviser before investing. #nse #swingtrade #nifty #bhel
BHEL find bullish trend reversal daily candle on yearly chart 1day timefram. stock corrected from 78-80 level to 50-55 and last few days consolidating around 55-60 level ..last trading session stock has given strong breakout on daily candle with good volume confirm trend-line and triangle breakout clearly seen on chart. from current level CMP 62.65 as positional...
so many people saw bhel today as a top gainer bur I saw a tringle pattern which gave a breakout so I think from this weak to upcoming weak you can easily see a upward movement in bhel. SO I am a littile bullish on this stock because it was also in falling movement in previous candlles. I am in this stock and will be in it till it will not touches the target of...
Good time to buy Bhel , bounced from support Follow SL: 57 , Target :65,70.....
BHEL, a midcap stock, technically formed an interesting price action. Looking at the monthly chart, you can see the rounding bottom. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. If the price action were respectable, we could expect a multi-year break out. I'm hoping that any positive trigger...
BHEL near by support line BUY 56 ADD UP TO 50 TARGET 76
*educational purpose only! #BHEL is clearly range bound since 11th Nov. 59 / 60 zone looks like a perfect zone to enter long #Trade positions with SL below 57.60 for #targets of 65+
I think it has taken support at 200 MA and now it probably going again up. My analysis is for the short-term and I may be wrong as I'm new to technical analysis. I have just seen support and resistance plotted the same on the chart. Please provide your comment on this view to improve it. In that way, I can also learn something new from that input.
BHEL Shortterm testing the resistance multiple times take entry after the breakout levels are given in the chart
BHEL looks good for long. It might give cup and handle break out and touch new highs. Any disinvestment news will make new 52 week high, so get ready for the rally.
BHEL is beautifully bouncing on the Trend Line giving a good entry for a Swing Long. Enter for a positional Trade CMP: 60.5 T1: 68 T2: 71 SL: 55
BHEL has been taking support a its long-term trendline since Nov 2020. Yet another strong support has been 200DMA. The stock has yet again come at the confluence of the two supports and has shown reversal from here. Conditions are ideal for a long trade in this zone for the stock to go back to 79 with stop below 56 on closing basis.
BHEL is looking really good for swing trade. As it is currently trading at support level supported by trendline and 200EMA. Do your own research and analysis before taking any trade. Follow for more ideas like this.
NSE:COALINDIA #NSE:COALINDIA bouncing from support, Post confirmation may try 150CE By any chance market swing reverses, may try the same PE only post confirmation !!
Holding 200 MAs Also at previous Resistance turned support area Bullish engulfing day bar Lack of volume remains a concern Still buy on pull backs in hourly can happen till 59 is not breached
#BHEL - Inside Bar Pattern - Formed on Daily Closing Basis Break-Out & Break-In Pivots Mentioned in the Chart Levels Mentioned in Chart PS: Tech Analysis Only - Not a Recommendation for Trade