Note: This is for educational purpose only. BHEL price might to go down based on RSI trend line lower breakout. Moreover, there seems to be an inverse hammer at resistance.
Refer to the chart of the Targets and Stop loss .
IT IS CONSOLIDATING INA FLAG PATTERN NOW IT MUST COME TO LOWER LINE TARGET GIVEN FOR SHORT PLUS GAP AT 46.5 MAY BE FILLED NEWS HAS COME FOR BHEL CRISIL DOWNGRADED RATING ON LONG TERM BANK FACILITIES AA FROM AA+ GOOD LUCK NOTE: TRADE AT YOUR OWN RISK I MAY BE WRONG
Hare Krishna!.. Happy to Sell when everyone buys... Good Luck!
BHEL Checkout Entry Above 53.40 Target 57.60 64 Must Use Trailing stop-loss