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.
Bheltechnicalanalysis
#BHEL trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:BHEL on NSE
the analysis is as follows-
- the price was on a good trend but is now starting to change the bias
- with the recent failed breakout, its clear that price is not in full bullish mode
- we are waiting for price to decide a bias in coming days
- the price can go move sideways or give a proper light in its direction by breaking out either side
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
BHEL ltd,.; min 30% Return ; right time to investFundamentally good stock,
For long term investment.
.
.
Entry: 102
target: 104 -119 - 130
sl: 97
major stoploss/ support: 87
.
Enter only after breaking & close above " Yellow box" mentioned.
Or else wait for some time.
'
;good for long term investment.
'
'
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
.
refer old ideas attached below
BHEL Analysis(W Pattern)!BHEL Daily Analysis/b]
Double Bottom (W) Pattern formation in BHEL
Will it move as per Double Bottom Pattern Analysis? Will See!!
BHEL has made double bottom pattern on Daily Timeframe and also it has given neckline breakout 79.85 with good volume and successfully able to close above it. BHEL is trading above 50 EMA which is also a confirmation of bullish trend.
Trading Psychology and Setup =
Entry = Entry will be between 80-82
Target = Target 1 will be 87.60 which is also a 1.618 fib level and will acts like a possible resistance and 2nd will be 95.50
Stop Loss = Below 76.75
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
BEL - Reverse Head & Shoulder PatternBEL has formed Reverse Head & Shoulder Pattern. Can be added at current level around 104 with target of 112 and set SL at 102. This gives us risk to reward ration of 2.28.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
BHEL ANALYSISBHEL is in good uptrend.
it is forming an ascending triangle pattern with higher lows which is good sign of an uptrend!
Long opportunities can be seen at the levels of 84-85 if this level breaks further upside can be seen in the stock!
do keep this stock in your watchlist
if the ascending triangle is broken on the downside trend is assumed to be reversed.
BHEL - BREAKOUT TRADEBhel NSE:BHEL
Trading at monthly high and also breaking above trendline resistance zone it seems this stock has potential to retrace back to old highs . Buying can be done with stop loss
Do Comment , share and "LIKE" if you find this info valuable to use . Believe me it takes lot of time to visualize the market before the opening bell :)
Happy Hunting ,
Chintamani
Disclaimer.
I am not SEBI registered analyst.
My studies are for educational & General purpose only.
Please Consult your financial advisor if you have plans of trading or investing.
You yourself hold sole responsibility of profits and your losses arising of above shared info
Bharat Heavy Electricals Ltd. (BHEL) Break Out Trade OpportunityDate : 6-Apr-2022
Rating: Buy
LTP : Rs. 56.75
Target: Rs. 66-->80-->90
SL : 47
BHEL has given a break out from its secondary down trend within primary up tread as well as from its long term resistance level of 56 with increased volume. 7D EMA has crossed over 13D and 26D EMA. MACD cross over is already done and now its showing good strength for a bull run. RSI is at 65 and has shown positive convergence.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
BHEL SWING TRADEHello, bhel mid-term swing trade buy: 52 targets: 59.50/66 stoploss: 48.80.
LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance pull back buying strategy, (targets identified from harmonic xabcd pattern level 0.886/1.272) stoploss is taken previous swing low. Stock looks soild for mid term swing trading. NSE:BHEL
A must buy opportunity in BHELLooking at the 4 hour time frame, the stock is making a beautiful triangle pattern inside of a channel. It has broken the trendline resistance of Rs 61 and has moved upwards. After almost 3 months of moving inside the candle, it has finally given a breakout. It also broke the trendline with good volumes which is another positive sign. Around 8% returns can be expected from the current levels in the short time frame.
When we look at the 1 week timeframe, it is clear that BHEL has given a breakout after crossing Rs 61. More than 20% returns can be expected in long term from BHEL. It can be bought now with a very small stoploss and the target being at the upper trendline of the channel pattern.
NSE:BHEL
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.