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BHEL LONGI previously posted an idea to short BHEL only IF it breaks the marked distribution phase from the lower band. If you see the description of the previous idea on BHEL, you can see that I have written there that ONE MAY LOOK FOR BUYING OPPORTUNITIES IF IT GIVES A BREAKOUT FROM THE UPPER SIDE OF THE RECTANGLE. And here we are Today Bhel gave a good breakout form the upper range. And hence, as suggested before, one may look for buying opportunities now and we will now treat this distribution phase as RE-ACCUMULATION PHASE!! LEVELS: (Based on weekly charts ENTRY: Buy above 81 (on closing basis) Target 1: 100 Target 2: 108 Target 3: 119 STOP LOSS: 73 TRAIL STOP LOSS I would recommend going long on BHEL with above levels ONLY FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!! THANKS
NSE:BHELLong
by Keshav2329
2
INTELLECT DESIGN A - Potential good long 🔰 MY thought process : ⭐At a very strong support ⭐A parallel channel support ⭐A trendline long term support ( potential stock reversal point ) ⭐Low-risk high reward setup 🔰Am I taking this trade now: Already in it :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:INTELLECTLong
by Averoy_Apoorv_Analysis
2