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Longterm

Accumulate Indiabulls Housing Finance 1.Symmetrical Triangle support 2.Parellel Channel support 3.RSI looking good 4.MACD above signal line 5.Making higher highs higher lows Buy near - 205-210 Targets - 230,245,260,280 Keep SL near - 180 (Static) Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
ILong
by this_is_shoaib
3
Rounding Bottom-Reversal in long-term price movementsBHEL, a midcap stock, technically formed an interesting price action. Looking at the monthly chart, you can see the rounding bottom. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. If the price action were respectable, we could expect a multi-year break out. I'm hoping that any positive trigger from here will also ensure that the current range does not break. On the daily chart, there is a trend line. If that is broken with strength, it is good to add in to the long term portfolio.
NSE:BHEL
by Manuadarsh