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.
Bhel Cup & Handel breckout possible + Adani And Tata want to takeover bhel At 150 Rs per share + Bhel Book Value is 74+
NSE:BHEL Observations: 1) On 1 day time frame, if we apply FIB RETRACEMENT then we can see that it has taken good reversal from 61.80% level range. Breakout of 73.75 will give good up move. Safest buy trade entry on sustainable breakout of 76.25 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade...
NSE:BHEL I am posting this on request from one of the follower. Observations: 1) On 1 day time frame, 14-10-2021 candle is a profit booking candle. On 18-10-2021, if it breaks the low of this candle and keep trading below then it will continue the profit booking. But if it trades above and takes support from low then it will be bullish again. Major...
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. ...
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.
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....
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. ...
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...
hello traders i forgot to say one thing which was the price might take support from the newly made supporting trendline thanks for watching
NSE:BHEL Trade Setup for Date 27-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please...
NSE:BHEL Observations: 1) On One Hour Time Frame, it just broke the trendline and closed above it. Please refer Chart below: One Hour time frame. 2) On Daily time frame, it took support from the critical Zone bottom level. Please refer Chart below: Daily time frame. ------------------------------------- Trade Setup for Date 20-08-2021: 1) Don't...
NSE:BHEL Here is simple trade setup for BHEL. Levels and chart are easy to understand. Further if you see on daily time frame, it has formed inverted hammer pattern. So if on 09-08-2021, if it maintains the level and trade above 57.55/57.65 then it will be bullish. And if it fails to do so then it will continue it downward journey. Do comment your doubt or...
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 .
Only for educational purpose. Recently it broke 4yr trendline now showing sign of bullish trend by forminf HH and HL . Buy @42-44 if shows bullsih candle in 4hr. You can also put a stoploss@37 if low capital.
Things to Note: 1. Good Wide range candle 2. Volume on BO 3. Change in market structure 4. Price above 50 MA P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk