BHEL LOOKS GOODbuy bhel range 53-53.50 target 55 sl 52 take small profit from here with strict stoploss ISHQ HAI TOH RISK HAI STOCK .... buy for 1-2 days target
BHEL trade ideas
[POSITIONAL] BHEL SHORT BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings.
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BHEL ready to Go longBHEL is getting ready for a good swing by taking a trendline support and morning a proper Morning Star Pattern and also taking support of 200EMA.
Buy after 57.50
BHEL Swing Trade - Long - Aug Expiry 10% TargetBHEL Swing Trade - Long - Aug Expiry 10% Target
Why Long
- RSI Support taken @ 45
- Trading above 20 Days SMA
- Little increase consolidation on volumes at current level
- 20%+ fall already in the stock
- Did not perform in current Nifty rally
BHELDescription is in chart itself. As GOVT. is in mood of divestment in PSE/PSUs, If government takes action in upcoming weeks than it might give fuel to the rally.
Also would like add NIFTY PSE chart as well, It is also at very crucial levels.
If resistance is taken out in further weeks than we can see a rally in PSE stocks with BHEL being a favourable and a bet with a good risk-reward ratio.
Keep SL according to you risk appetite.
NSE:CNXPSE
ONLY FOR EDUCATIONAL PURPOSE. NO RECOMMENDATIONS
BHEL ON A WEEKLY TIME FRAMEBhel looks good to go for buy , as it has completed its 50% retracement on weekly time frame also took support on trend line as shown, and previously it also created Double bottom , as shown.
#Bhel cash : Looks for long term investment at 54 and 45#Bhel cash -Positional call for 1 year
11.08.2021
Looks good at 52-54
and add more at 44-45
Target 78-80 with 1 year view
(Plan ur investment)
Cmp 54.50
Close above 62 could be a good buying opportunity
Broken the resistance 0f 44
Trend reversal with heavy volumes
Stop of 60
Long aroundLong around 55-56 for tgt of 80-100-120 sl below 42. Just a view better seek professional advice.
Trend Reversal or Breakdown in BHEL? Currently BHEL is in no trading zone.
1) Buy if it gives weekly closing above the Demand/Supply zone i.e. 61 price level.
2) Short if it gives weekly closing below the zone i.e. 56 price level.
3) Currently it is very close to 200EMA on daily chart and it might take support from it.
4) Currently at very important 38% Fibonacci level
bhel 40 % in 6 monthsfor education only.
buy near 55 for target of 75.
its near its support at 55.lets see what will happen
BHEL - Inverted Head & ShouldersAn Inverted Head and Shoulder pattern is in the making. Looking to ride the pattern.
Good Risk Reward Counteras Technically
Taking trendline support + Last Breakout retest zone known as support zone as well as in Green
CMP 56.3
Bhel - buy Buy from 57.05 to 56.1
easy target 62
tg2 - 64
Disclaimer : This is my personal analysis for study purpose not intended for trading
BHEL_KEEP EYE ON THISBHEL can show bullishness in near future. Keep eye on it.
(for educational purpose only)
Bhel is creating an amazing pattern Bhel is creating an amazing head and shoulders pattern with an upside of 130% this stock is financially and technically good
BHEL TREND ANALYSIS.BHEL can be good to buy around 56, if it sustains that level, please wait for retest before making any position and do consult your financial advisor before taking any financial decision.
