1 Good trade idea for 22 November marketsI daily make educational content videos for financial markets
BHEL trade ideas
BHEL --INTRADAY SETUP-- 21/11/2022BHEL --15 MIN CHART -- INTRADAY SETUP -- 21/11/2022
1. Trendline breakout seen on 15 min chart above 70 level
2. Triangle pattern formation and triangle breakout also seen at same level
3. Stock seen consolidate at this level after sharp rise from above 50 level to 75 level last few days fall around 70 and look like ready for upmove again
4.Triangle breakout candle seen last 15 min closing candle .
5. Trix line seen positive crossover around center line ( 0 line )
6. one can initiate intraday BUY around 70-70.75 level for intraday target 71-72-73 stop loss can place bellow support level at 68.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk .!!
HAPPY TRADING . !!
BHELNSE:BHEL trying to break abv bullish pennant. Stock can give some bullish momentum abv 76.5
Towards Higher end of Trend channel.
BHEL BreakoutBhel breaking out of Multi Year consolidation.
Can give fierce rally.
Disclaimer : We may have position in stock. Consult your financial adviser before taking any positions.
Multi Bagger stock BHELThis stock broke out of the monthly resistance and made a W pattern in the bottom.
Volume is good and area to accumulate.
5-6 years it is expected to give 300%
BHEL , Cup and Handle on Weekly Chart,Huge UpsideBHEL , Cup and Handle on Weekly Chart, Huge Upside NSE:BHEL
BHEL Classic Cup and Handle
on Multi Year Chart (Weekly )
T1 79.25 Short
T2 120 Long Term Only
Only For Study Purpose
BHEL -- POSITIONAL BHEL -- DAILY CHART -- POSITIONAL
1. BHEL Seen trend reversal doji candle on daily chart last closing daily candle
2. Currently stock trading at upper channel and lower level of upper channel doji candle indivcate possible trend reversal from current level at
55- 57
3. currently stock closing at strong support line 55-57 level
4. trix line near center line
5. one can initiate buy at current level 55-57 for target 60-62-65 as positional trade ( 1 month ) and stop loss can place at 50-51 level
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING. !!
BHEL - Further 20% Up-move
After Previous breakout BHEL has a chance to move 20% more.
High Volatility Expected, Use caution.
Entry - Close above 57.65
Target 1 - 62.35
Target 2 - 69.70
SL- 53
BUY BHEL, LOOKING BULLISH FROM HEREBUY BHEL, LOOKING BULLISH FROM HERE.
TARGET : 80,123 SHORT TERM POSITIONAL TARGET
SL: AS PER YOUR CONVIENCE AND RISK APPETIATE.
Disclaimer: This Trade is given for educational purpose only. Consult your financial analyst before taking any trade
BHEL BREAKOUTBhel is looking bullish on weekly chart after so long time and consolidations I tried to identify earlier good support that become resistance later now it is breaking that resistance and gives a strong close on above that resistance it is indicating coming bullishness in this counter by the price levels currently it is breaching identified the trendline
Buy Today, Sell Tomorrow: BHELDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in BHEL
Buy Today, Sell Tomorrow: BHEL
BHELNSE:BHEL
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
BHEL ready for tracement Lot of selling pressure at 61
if break trend line it can entry @ 60
First target, 58
Second target 56
Stop loss 61.70
RRR 1:3.5
Bharat Heavy Electricals Ltd(BHEL)trendBharat Heavy Electricals Ltd. (BHEL) break out level
Nomura on BHEL | Nomura maintains neutral on the shares of Bharat Heavy Electricals with a target price of Rs 65
Buy above 60. Next target 61.75, 63,65
Volume and momentum increased in BHEL
Thank you
BHEL - 7% Up move possibleBHEL is moving in an ascending broadening wedge with a good support line, an up-move of 7% can be captured.
Entry - Close above 53
Target - 56.70
SL- 51.50
Swing trade for BHELThis stock showed a falling wedge pattern breakout and retest. Looks good for swing trade on long side. Analysis is my idea on financial markets purely on technical basis.
BHEL ANALYSIS IN DAILY TIME FRAMERS I& VOLUMES are looking good. channel breakout + strong resistance breakout....
BHEL | Simple breakout + Average INHS setup, Potential 30-35%BHEL | Simple breakout + Average INHS setup, Looks potential for 30-35%
CMP : 58
SL : 50 (Short term SL : 54)
Target : 70, 78
1:5+ risk reward setup
(Highly volatile stock - Consider small position please)
Cup and Handle and Trendline Resistance BreakoutIn BHEL, Today a huge amount of open interest along with Huge Volumes added as long position.
Along with that, Coming to chart patterns, A cup and Handle pattern got completed and broken trendline resistance.
Entry @ 57.45
Stop loss @ 51.6
Target @ 64.2
Consider it for only educational purpose
BHEL Long (19 Aug)BHEL Long (19 Aug)
RSI- 69
Head & shoulders pattern
Buy at CMP- 56
SL- 50.5
Target- 64.5, 71
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
buy trade in bhelbhel is shown big volume with large movement ....it is in a narrow range, which may break very soon....risk to reward is very fruitful
RR RATIO : 1:16
STOP LOSS : 52.7
TARGET : 114
