BHEL if Breaks 68 at 15 minutes chart(double top)it it closes below 68 at 15 minutes chart it will move all along to 62 (caution)
correct me if im wrong.
BHEL trade ideas
BIG MOVE COMING UP IN BHELYesterday BHEL resistance @56 level after 5 months and today it holds not only the bullish pattern but also closes above 65 resistance level. The volume indicator also showing a big move or some news is coming soon. Last time such volume rally share price 50 to 80%. this time target for short time 75 and for long term above 100 rs. with stop loss 56 level.
BHEL Trenline BreakoutBHEL Showing good move on weekly chart
No trade Suggestion
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BHEL WALK TOWARDS 100 MARKBHEL looks bullish with huge supporting volume if sustain to move above 1st - 57 and 2nd- 75 than moves towards 100 with in 6 to 12 month........
Strong Resistance breakout and Trendline breakout1. Daily resistance breakout with strong bullish candle
2. Trendline breakout with strong bullish candle
3. Huge volumes
BHEL should try to reach Rs110 & Beyond!NSE:BHEL has given a sharp momentum signifying new fresh Bullish sentiments after multi-year downtrend.
There would be good demand in future for BHEL pertaining to EV segment and other Heavy Engineering requirements.
It is a long term player and years to come will test its All Time High.
BHEL LongBHEL has now reverted its Trend. Good time to hold for 1 to 2 year, can expect multifold returns.
BHEL- STRONG BREAKOUT- SIMPLE BREAKOUT ANALYSISBHEL HAS GIVEN A BREAKOUT OF A VERY IMPORTANT RESISTANCE LEVEL WITH STRONG VOLUMES. IMMEDIATE TARGETS OF 70 CAN BE SEEN IN THE SHORT TERM.
BHEL- LOOKS GOOD (1W)For fresh entry - I prefer to enter above 68
Tgt1 - 73
Tgt2 - 78
For existing entry - targets same as above
Charts only for educational/sharing purpose. Do your own analysis.
Buy BHELBHEL has given a multi-year breakout at 59 with a big bullish candle and huge volume.
Bhel is also good to buy for the long term because GOI announces asset Demonitisation this year, which is good for the company's growth.
Buy BHEL at CMP:62-65 for the targets of 80/88/100 with a stop loss of 58.
BHEL swing tradeOnly for educational purpose.
Recently it broke 4yr trendline now showing sign of bullish trend by forminf HH and HL . Buy @42-44 if shows bullsih candle in 4hr.
You can also put a stoploss@37 if low capital.
BHEL | Excellent long time trendline breakout - 70%BHEL | Excellent long time trendline breakout - 70%
CMP : 47 (Dip till 42 - is a buying opportunity)
SL : 37
Target : 60,80
Almost 1:4 risk reward setup (Dip to Second target)
multiple trendline breakoutBHEL saw a multiple trendline breakout with a double bottom formation with a stock price target of 85-90
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.
BHELPrice looks good for a positional trade as it has taken a retest from a strong trendline best possible entry at support . " EDUCATIONAL PURPOSE ".
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)
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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+
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, T3-80-85
