Get started
BHARAT HEAVY ELECTRICALS LTD.BHARAT HEAVY ELECTRICALS LTD.BHARAT HEAVY ELECTRICALS LTD.

BHARAT HEAVY ELECTRICALS LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

BHEL trade ideas

TRADING IS NOT AN OVERNIGHT AFFAIREverything explained in the chart. Intermediate cycle's wave 2 ended around 19 in Mar'20.It could not go further below as it was top of sub-wave 1 of {Precision of Mr Elliot-Salute to HIM} 'Then it started A-B-C CORRECTION (Upward) of that move which I believe have already been converted to IMPULSIVE WAVE III !! U NEVER CAN TIME IT EXACTLY RIGHT. But from now on R;R IS UNTHINKABLE. If we assume a 1.618 fib lev, tgt comes to more than 500. W H H H H O O P I N G !!!! Statutory Warning:- This is my personal opinion-not a trading recommendation. Also not for quick kicks.
NSE:BHELLong
by eternallearner
4
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