multiple trendline breakoutBHEL saw a multiple trendline breakout with a double bottom formation with a stock price target of 85-90by gtaparia334
THIS MIGHT BE HUGE BHEL has given a huge negative return coming to 56 rupees in 2021 from 390 in 2007, but when we draw the trend lines from 2010 then it gave a breakout after a while, after which it made a very rare triple top pattern adding to its downfall and it continued to fall till january this year and from february it is closing above that trend line which it respects and this makes it strong enough to give a target of 80.Longby Jayesh_chopra1
BHELPrice looks good for a positional trade as it has taken a retest from a strong trendline best possible entry at support . " EDUCATIONAL PURPOSE ".Longby junedp89113
Buy Bhel It will become Sail (Sail Start from 18 To 144 Buy in Every Deep closing stoploss 50Longby AhmedabadTradebulls1
BHEL IS ON A MULTIYEAR BREAKOUTBHEL : Sources says Disinvestment proces speeding up on Bhel Disinvestment, Consultancy firm makes Valuation report at Rs 45000 cr - 50000 cr . Govt. expects to Raise Rs 30000cr to 35000 cr from Bhel divestment. (Always consult a financial advisor before buying) Follow @baby_bulls Like, comment and share! Tags:#marketupdate #priceaction #trading #stock #stockmarket #technicalanalysis #technicalanalyst #intradaytrading #invest #investing #candlestick #nifty50 #investment #nse #bse #sensex #tips #finance #index #dalalstreet #marketnews #investingtips #money #stockmarketmemes #sharebazzar #business #trading #sharemarket #equity #technicalindicators #babybulls Longby harshald13u0
BHEL trend reversal BHEL has formed a double bottom and given a breakout followed by a retest and then subsequent breakout supported by good volumes on its weekly charts. It is testing a multi year support-resistance zone. Can go long for a swing trade with around one month perspective. Buy above 60 Target 78, 90+Longby singhharshit21120
Keep this on radar given breakout of INHS on weekly chart. NSE:BHEL high volume breakout. Next major resistance is 61 our first target, T2- 72, T3-80-85Longby aML23124
Neutral Idea on BHELOn one side, the Double top indicates the chart to be Bearish. But on the other side, a rounding arc with good support and increase in volume leads this chart on the Bullish side. So I am on the neutral side. If it breaks resistance with good volume then go for a short term to long term investment. But if it falls below the resistance, then wait for some dips to accumulate the shares. I would not recommend it for trading as this is low volatile stock. You all can comment down on any suggestion.by Saket_Ojha222
BHEL - CMP: 56On a longer time frame, It has given an Inverted Head-N-Sholder breakout with a good delivery volume. We can expect a target of 60 and 64 in the near term. Also, we can expect a target of 72 in Mid Term time frame. Also, Investors can expect a target of 80 in long term.Longby Auroma558
Bullish breakout on weekly charts in BHEL#BHEL (weekly) giving bullish breakout at 57 for 75/100. Heavy volumes supporting. Buy on every big dipsLongby winnersgame110
Bhel ready to flyThe stock has given a trendline BO and looking really good positionally for a target of 60+Longby tanya15118115
Potential stock breakout. Good buy above 57, trying hard to break the level of 57, hope so ti breaks it this time.by AnujDarne111
7 Years Pattern BHEL /-DISCLAIMER : Not an advise, just thought of sharing you this analysis.! BHELISH.!Longby snithish2009913
BHEL - Potential Long OpportunityThings to Note: 1. Good Wide range candle 2. Volume on BO 3. Change in market structure 4. Price above 50 MA P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own riskLongby johntradingwickUpdated 10
BHEL: Weekly - Inverted Head & ShoulderView is for education purpose only.... Observations as per chart- Trading above 50 MA i.e in Up-trend; Inverted Head & Shoulder shows bullishness. Preferable: buy on dips near 46/47 for target 55/56by VibhutiSharmaUpdated 113