LOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis
Pull back towards 68.50-68 will be an opportunity to go long with stop below 64 for target of UML of both slope. Disc : it's not an investment advice to buy or sell
Chart is self explanatory. Keep a close eye. Between 69-67 looks good to accumulate Explosive movement may come once closing is above 72 for targets of 80 / 84 SL 63 Do note: This is not the 1st time we have written about BHEL. Last 2 recent ideas worked to perfection. It should be noted that our view may be biased because of our earlier positions. So pls do...
NSE:BHEL Observations: 1) On weekly time frame, we can see that it took support from 21 MA and maintained to close above critical level of 65. Please refer below chart : Weekly Time Frame. 2) On 1 day time frame, we can see that it took support from 10DMA and maintained to close above critical level of 65. Please refer below chart : 1day Time Frame. ...
Buy Bhel around 54-55 with Sl 47 for target of current high around 75-78 after that hold for 2-3 years a very decent return will be seen. Disclaimer : Before taking any decision take advice from your financial expert for risk management.
A astonishing weekly breakout looking forward for the price to move upward in the coming sessions.
BHEL- CMP 42.95. It has made reverse head and shoulder pattern on daily charts. It formed double top recently at 44.3. Breakout level is 44.3 If it crosses and stays there for some time then breakout happens. Its targets and SL are given on chart. Yesterdays cash volumes are good. Till yesterday it was in F&O ban and during ban generally price breakouts do not...
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