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Bhelsell

BHEL#BHEL The company has just posted stellar earning this quarter, we have got a positive earning from the company after 5 consecutive negative earnings. The stock price of the company is still down 30 percent from its highs. I fundamentally believe in the sectors the company is working on and after strong financial result this quarter BHEL has turned a buy on dips for me. I had previously shared a long term investment analysis on BHEL, if you already have a position on BHEL higher than its price currently I would suggest averaging. BHEL still seems like a bullish investment opportunity for the future. Average at : 1) 230 2) Buy on every 5 to 10 percent dip. Nearest target of *330.
NSE:BHELLong
by SkyTradingZone
Simple Trade Setup | BHEL | 21-10-2021 [ INTRADAY]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 Setup for Date 21-10-2021: 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BHEL
by Trading_hawk
Simple Trade Setup | BHEL | 18-10-2021 [ INTRADAY]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 resistance is at 78 level. Breakout of it will lead it to next resistance of 80.50. Please refer below chart : 1day Time Frame. 2) On 15 min time frame, if we apply FIB RETRACEMENT, then we can see that it is above 38.20% level of FIB RETRACEMENT. Also we can see formation of bullish flag and pole pattern. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 18-10-2021: Most of the levels will remains the same as per previous setup. 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BHEL
by Trading_hawk
30
Simple Trade Setup | BHEL | 11-10-2021 [ INTRADAY & POSITIONAL]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. ------------------------------------- For Positional buy trade better to enter, once it give sustainable breakout of 67.50 level. With SL of 62.50 and Target of 82 for short to mid term. ------------------------------------- Trade Setup for Date 11-10-2021: 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:BHEL
by Trading_hawk
7
Simple Trade Setup | BHEL | 23-09-2021NSE: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 : Daily time frame. ------------------------------------- Trade Setup for Date 23-09-2021: 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. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:BHEL
by Trading_hawk
Simple Trade Setup |BHEL | 20-09-2021 [ INTRADAY]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. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 20-09-2021: 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. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL.
NSE:BHEL
by Trading_hawk
2
Simple Trade Setup | BHEL | 13-09-2021NSE: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. Please refer below chart : 1hr time frame. ------------------------------------- Trade Setup for Date 13-09-2021: 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. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. P.S: Trade with Strick SL.
NSE:BHEL
by Trading_hawk
22
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