Get started

Bhelltd

Simple Trade Setup | BHEL | 27-08-2021NSE: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 refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BHEL
by Trading_hawk
15
Simple Trade Setup | BHEL | 20-08-2021NSE: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 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 target w.r.t price action working near that level tomorrow. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BHEL
by Trading_hawk
14
Simple Trade Setup | BHEL | 09-08-2021NSE: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 suggestion. My personal view is to wait for Monday to see how price action work and then jump in to the trade on either side.
NSE:BHEL
by Trading_hawk
3
BHEL SHORTLooking at the daily chart of BHEL, you can see a simple price action pattern which is explained below. (OPEN CHART FOR DETAILED EXPLANATION) Firstly, it is visible that BHEL has given a brilliant bull trend from December'20. Presiding the uptrend, an accumulation phase can be seen and then a breakout form that phase caused the uptrend. Now, according to price action theory, the stocks' uptrend is firstly accompanied by an accumulation phase (as marked) and then a uptrend and then a distribution phase (as marked). Following the distribution phase, weakness is expected in the stock. (OPEN THE CHART FOR ALL THE MARKED PHASES AND LEVELS) To sum up, BHEL has first seen an accumulation phase, then a breakout from accumulation phase causing a good uptrend and now BHEL is seeing a distribution phase (consolidation after an uptrend). Hence, it is expected that we can see weakness in the stock in upcoming days, given it breaks the distribution phase rectangle (marked) in a negative way. If it breaks the distribution phase triangle from upside, one may look for buying opportunities. I would recommend a 'SELL' signal (50% quantity sell) on BHEL for now. FOLLOW IF YOU LIKE THE ANALYSIS. LIKE AND COMMENT WHAT YOU THINK ABOUT THIS. COMMENT IF YOU HAVE ANY DOUBT ON THIS ANALYSIS Thanks
NSE:BHELShort
by Keshav2329
6
BHEL - Inverted Head & Shoulders + DivergenceAn Inverted Head and Shoulders pattern broke out and retested itself inside a bigger Inverted Head and Shoulders Pattern. The same move is expected on the bigger pattern as well. ***** Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy interpretation. Kindly express any disagreement & improvements so that we learn & earn together. Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
NSE:BHELLong
by CannySunny
17
BHEL new trendBreakout of 50 will create new highs, short term target going till 76. Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy interpretation. Kindly express any disagreement & improvements so that we learn & earn together. Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises. Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
NSE:BHEL
by JKoptions
4
Bhel LongI hope you can now see how Bhel represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:BHELLong
by EntryandExit