BHEL Analysis(Flag and Pole)BHEL Analysis Weekly Timeframe
Flag and Pole Pattern in BHEL
Flag Breakout in BHEL
Bullish view on BHEL
Projected Target = 165.80
Stop Loss = Below 67.95
BHEL trade ideas
BHEL - a sure sign to go upNo further words …. Pic shows I am ready
But any chance of pullback on blue lines is a better price
BHELStock is trading at 10 years of resistance and can expect a good breakout. Closing above 205 will be a good opportunity to enter in the stock. Targets are huge 1st targets at 221, 2nd target at 256, 3rd target at 297.
Only for Educational Purpose.
Do your own research.
BHELBUY @ 202 RS
TARGET @ 350 RS
BUYING CONFIRMATIONS: Rounding bottom breakout (Monthly timeframe)
Expected returns are around 72.00 %
BHEL
Prices have confirmed long term trend change by clearing the down-sloping trendline and June 2021 high of 80.
Monthly RSI has also cleared its bear phase oversold zone.
In the past, a similar price pattern was followed by a strong multi-year up-move. We can expect the stock to now continue its uptrend to initially test 200, and eventually 360.
Bullish outlook remains intact as long as price is above 80.
BHEL is crossing 10 year resistance of 193>> next target 335BHEL has again bagged order 19422 crore . It is in the cusp of breaking its 10 year old resistance of 193. If it breaks that it is going to 335 ( on a monthly basis)
Bhel - Formed a bullish cup or rounding bottom patternIf the stock breaks the high of rounding bottom then we can see a potential move towards 360 range with some retest expected. Accumulate at all the retesting points.
BHEL F&P PATTERN BREAKOUTBHEL breaking F&P PATTERN
with good volume and rsi
trading above key ema
educational idea
BHEL Breakout buy on retrace.BHEL Breakout Buy for First target 75.
If cross 78 then the next target is 99.
BHEL (AVOID FOMO)FOLLOW FOR MORE SUCH AMAZING IDEAS.
BHEL gave a breakout and people as always ran after buying it any price ignoring the risk involved in that position.
Market moves in waves and not in linear motion.
WAIT FOR PULLBACK.
Bhel short callSwing trading (profit booking )
Short below 176
Target is mentioned in chat
Stoploss 190
Education purpose only - BHELStock is giving Weekly BO, lets see how it perform
If you love trading view, please subscribe from below id, it will help me earn extra coins.
in.tradingview.com
Bullish on BHELI'm bullish on BHEL purely on technical basis
I expect a minimum 25% upside, the rectangles you see are GAPS in Daily timeframe. Let's see how it plays out
Do your own analysis - Don't follow anyone blindly 📌
#BHEL trade idea setup (17/12/23)Greetings Folks,
today I have prepared a setup of NSE:BHEL on NSE
the analysis is as follows-
- the price was on a good trend but is now starting to change the bias
- with the recent failed breakout, its clear that price is not in full bullish mode
- we are waiting for price to decide a bias in coming days
- the price can go move sideways or give a proper light in its direction by breaking out either side
- the market is very volatile, trade with light head
don't play with fire, always use a predefined stoploss
BHEL Bhel is making a good demand candle at 50% retracement level of run from June low to recent high, the weekly candle is yet to close but still on daily timeframe the structure is showing early signs of reversal. Keep this in radar ...
Breakout--Breakout
--resistance at 133
--Target 150
--BUY above 133
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need
BHELIt looks like BHEL is going to be multi bagger coming off of years of downtrend. Setting up nicely between the support and resistance, should consolidate to make a move higher on forward.
How to Identify Trend breaks BHEL weekly Chart This is how I use trend lines to identify the Breakouts. Here I explained about BHEL stock
BHEL Monthly Bullish BreakoutBHEL made monthly Breakout.so Short to Longterm is UP. Take your positions accordingly.
#Buy on Dips.
dual bollinger band breakout in bheli have published this strategy in my previous post if you want to know.
targets will be 150,160 with sl of 128.
lets see how it performs.
BHEL HARMONIC VIEW IN 30min TFCMP151.75 SELLING ZONE 153-55 SL 157.5 TGTs 141/39/36 (Positional View 30min TF)
BHEL HARMONIC VIEW HOURLY TFCMP 152.25 SELLING ZONE 150-54 SL 159 TGTs 134/22/114 (Positional View Daily TF)
