BHEL NSE:BHEL Cmp - 53 Stop - Nil, Add more on relevant dips Expectation - T1 - 100 T2 - Open, Review at 100 Expected Holding Period - 8 months or earlier for T1 Technicals - ✅ Fundamentals - ✅ View:- Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
BHEL was in pure uptrend, its time to take long positions from here.
BHEL is above 50 week EMA and on a daily chart price has crossed 20 and 50EMA. There is potential upside off reaching 70 to 75 before this month Enter: 64 SL: 60 Exit or Next tranche : 72
Stock Brokeout forming a cup & handle along with a good volumes!! Good time to pickup for a swing trade...can give 10 -15 % returns in short time. Strong support from 50 ema levels. This sector is also in the buzz it works in both electrical & machinary.
Trend Line Breakout Above all Ma's Good Volumes Looks to head towards 68-70 area again
Only for study purpose. Swing traders can enter in between 50 & 52 with a stop loss of 48. Before reaching D(price range of 50&52) point if price went up above point A(price 60) the above view will be invalid
NSE:BHEL Observations: 1) On Daily time frame, It broke 21DMA but still below 50DMA. Breakout on 50DMA will give good upmove. So far 50 DMA is a resistance. 50DMA is placed at 57.61 on daily time frame. Please refer below chart : Daily time frame. 2) On 15min time frame, today it broke the trendline and gave good upmove. Please refer below chart :...
NSE:BHEL Observations: 1)On Daily Time frame: It has faced resistance from 50DMA. And stuck between 21DMA and 50DMA. It closed just above critcal support zone now. critical support zone is 55.50-56.50. There are two possibilities. a) It has to bounce back from current level to go bullish again. or b) If it breaks down 55.50 level then it will be bearish....
Looks like a turnaround Risk to reward is great Volumes are yet to come so be cautious with quantities
BHEL swing trade.... Trade with caution. Use appropriate Position sizing and manage your risk.
NSE:BHEL Observations: 1) On Daily Time Frame, we can see that it is failing to close above 56 level. Which is a critical resistance Zone. Also it has taken good reversal from 200DMA and now it is trading in between 21DMA and 50DMA. Please refer below chart : Daily time frame. 2)On 1hr Time Frame: It has been trading in Ascending channel pattern. ...
Hello Traders👋 Today i have made a post on BHEL 15m I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be...
BHEL has given spectacular returns of 280+% in the past 1.5 year and is still looking good for the upcoming months. It's currently facing resistance from a critical level and a breakout can be seen in the upcoming weeks providing a good swing trade. Levels: Entry = Rs 83 Target 1 = Rs 90.20 (~08.5%) Target 2 = Rs 105.7 (~27.1%) Target 3 = Rs 120.8...
BHEL is in Downtrend. Pivot 56.20. Breaking the red dotted line can trigger fresh selling.
Take no new entry right now. ↳ hold existing positions. → buy above 2480 ↳ short term target 2550
BHEL has been a Underperformer in Whole Power Index, Breakout above 57 With Volumes May Lead to Outperformance.
Disclaimer :- This is not any buy or sell recommendation. It is just my view on this counter. Kindly consult with your financial or investment advisor before investing. Bhel has taken a support on weekly chart at 50 sma and 50% Fibbonacci retracement has been done. Stocastic rsi is giving support also. Support level is around 48. And upper levels are 60, 65, 75,...