Ready to move upRange 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
BHEL
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Leave a comment that is helpful or encouraging.
BUY BHEL TARGET 80Buy bhel for a target 80 short term.
Stock under consolidation. Expect breakout soon.
Those who have must hold on.
BHEL LOOKING BULLISHBUY 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 retest ready for upside move 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 57.15BHEL - 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 for this stock, going forward.
All numbers are *weekly*based
Company is engaged in custom equipment manufacturing.
Co has lost lots of contacts in past hence same is trading at very cheap discount.
PB - 0.82x
Debt - 0.18x
Since Co is struggling in their top line there bottom line has also struggled.
This is pure technical call. If stock managed to cross the mentioned level then a lot of upside is possible.
Volume Accumulation is seen in last 9-10 months.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
BHEL - A risk reward tradeBHEL 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 from there..
Good Momentum in BHELHello 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 :)
#CESC CMP742.65 #Target 840+ #ModiSpeech #PMModi #Philipcarb #ITWeekly 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 breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
BHEL LONGI 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 the upper range. And hence, as suggested before, one may look for buying opportunities now and we will now treat this distribution phase as RE-ACCUMULATION PHASE!!
LEVELS: (Based on weekly charts
ENTRY: Buy above 81 (on closing basis)
Target 1: 100
Target 2: 108
Target 3: 119
STOP LOSS: 73
TRAIL STOP LOSS
I would recommend going long on BHEL with above levels ONLY
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!!
THANKS
BHEL Flag Breakout BHEL
Delivery CMP 77 and in Dips till 74 Sl 69 Trg 85 90
For Educational Purposes Only .
TradeAdda
PSU company vs Nifty 50 trend PSU companies about to rallying
ONGC,GAIL,COAL India,BHEL,BPCL keep on radar.
BHEL LOOKING GREAT FOR TOMORROW BULLISH ABOVE 77 , RSI ABOVE IN HOURLY 60
ASCENDING TRIANGLE IN HOURLY CHART
BUY IF ITS BREAK
#BHEL Ascending Triangle.Bharat Heavy Electricals Limited
After forming an ascending triangle, BHEL is ready to fly. A breakout will help BHEL take-off. Wait for a 4h candle to break and buy.
Educational purpose only - trade at your own risk.
Good luck.
BHEL MONDAY 24 MAY 2021The levels are on the chart. Stay wise hedge if needed. Don't trade naked options.
Trade Wisely and Smartly.
BHARAT HEAVY ELECTRICALS - SWING | Crazy VolumesStock has broken long standing TL with big volumes. today has taken rejection from Resistance zone.
If stock is able to break 76.60 then we can see 5-10% move in couple of sessions only.
P.S. Levels mentioned in chart
BHEL potential buybullish harami signal observed on 14th and 15th may which is confirmed on 16th may.
IOC has tremendous expansion plans in coming years!NSE:IOC sits on better, cleaner and futuristic plans for 'fuel' of the next Decade.
Hydrogen and electric based fuel to various vehicles is the narrative all the Automobile based companies aim for.
Therefore companies like IOC, BHEL, BEL etc. are all stocks to hold on for a decade or two until this 'future' manifests.
