BHEL trade ideas
Bhel shareAs per the technical chart BHEL share will definitely go up. It’s time to buy for lower price.
Bhel in a Big Bullish Wolf WaveBHEL looks good to be bought on dips with Stop Loss below INR 26 and Targets of INR 60
InvestmentGood Buy for 40-42 range . Looks corrective close to completion.
Risk Reward is attractive now.
BHEL-MORNING STARBHEL 27.01.2022
It is taking support at previous Support Zone, forming MORNING STAR Pattern and also retested the Traingle B/o, we may see a bullish movement in coming days.
CMP - 59.40
Target - 62,64.25,69.50
Sl - 55.50
DISCLAIMER - EDUCATIONAL PURPOSE ONLY
BHEL (19-01_2022)
BHEL price structure show flat correction
flat correction (A,B,C)
wave A --> start 9 june 2021 and end 21 augest 2021complete
Wave B--> start 21 augst 2021 and end 3 oct 2021
complete
wave c --> wave c come down (1,2,3,4,5)
Bhel - Edge of the BreakoutBHEL can breakout on both the sides, but mostly possibilities are on the long side.
Low volume indicates it will move higher cross 60 easily tomorrow.
If the trend line is broken then can expect a good upside.
This is only for educational purpose not a recommendation, please do consult your financial advisor.
BHEL BTST Call (Target is about to Reach)Hello everyone
BHEL is about to reach its target range it can go also above that but book your profits in this range as we are already in ((v)) wave and with it A wave will be completed soon.
Descending triangles
Descending triangles are a very popular chart pattern among traders because it clearly shows that the demand for an asset, derivative or commodity is weakening. When the price breaks below the lower support, it is a clear indication that downside momentum is likely to continue or become even stronger.
BHEL looking weakLooks like the support will not stay here
1. marubozu candle after the results
2. Market not so strong
3. RSI showing weakness
4. Did not test the near term high and reversed
BHEL for swingBHEL broke its down trend, confirmed by the trendline break and is retesting one of its key support area+ the trendline and even formed a good morning star today.. Definitely a good buy...
BHEL LONG (RESULTS TODAY!)BHEL is on rise on today's weak market. It is in strong support area. Retest area after giving breakout.
All levels mentioned on Chart
Stock result today
BHEL...1W tf....range getting narrowPossible target for BHEL is a new 60--New ATH, SL closing below 49
BHEL -- INTRADAY SETUP -- 17/01/2022BHEL -- pick as intraday on 17/01/2022 Due to strong bullish technical indicator, stock has 200 SMA support , Bullish CUP pattern formation with strong trendline breakout with Good volume, Channel breakout, Bottom formation before breakout all indicators seen on hourly chart . stock can give upmove 2-3% on intraday for next trading session. can stay long also for 10.20% upmove for positional trade from cmp 63.70.
all techncial indicators explain in chart !!
BUY BHEL @ 63.70
TARGET 65-66 INTRADAY
STOP LOSS 61.25
intraday support : 61.70, 62.50
intraday resistance : 64.70, 65.80
*PLEASE DO OWN ANALYSIS...IDEA FOR EDUCATIONAL PURPOSE...take call at own risk!
HAPPY TRADING !!
BHEL SWING TRADEBHEL is at its support of trendline 1 as it can be seen from the chart and also it has support at trendline 2 so BHEL is looking good at CMP with near term target of 80 with stoploss around 54 .
#For educational purpose only .
BHEL VCP PATTERN FORMED ONE OF THE STRONGEST PATTERNS FORMED IN BHEL
This could be the best performing stock of 2022 IN
TARGETS : 80, 120.
BHEL Taking Retest From Breakout Zone - Ready to fly BULLISHNSE:BHEL has Given a Descending tringle breakout few days back and now taking a retest from it's bereakout zone and near trendline of triangle pattern. It can Give return of RR = 1:3 as From Entry at 60-61 , SL at - 55 And Target at 78 -79 for safe traders they can also book partial profit around 66 & 75.
BHEL flag pattern breakoutBHEL is consolidating for 4 months now and now there is breakout now. You can accumulate in the possible retest.
Stoploss-53
Target-80.50
BHEL weekly time frame bullishcup formed, handle in formation with harmonic ABCD support, also T/L breakout
