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Just BHEL breakout happen & retested again, Place entry, exist & stop loss orders as shown in the chart.......
YOU CAN SEE IN THE CHART, @ RS 198 - RS 196 THERE IS STRONG SUPPORT, HERE LARGE CHANCES THAT STOCK PRICE WILL GO UP , YOU CAN TAKE ENTRY IN THIS TRADE ACCORDING TO STOCK DIRECTION.
From, so many days this stock moves between two channels, @ Rs 305 it shows strong dowmove, You can keep stop loss nearby 320 and target nearby @ Rs 277.
From so many days ,This stock perform above 180 EMA, @ 150.60-149.30 see good opportunity to enter.
From so many days, ZEEL moving between this channels, At this point big investors takes entry and push stock in strong upward move. all entry & exit points are shown in chart....
Stock is moving in up direction, Here chances are large it will continue its direction, bcz it shows strong support at this level , but still wait to break this support area,
then we will get the confirmation.
For short traders it is advisable that maintain stop-loss 319 nearby and trade. The stock is showing that it will move in a down direction.
For short traders it is advisable that maintain stop-loss 319 nearby and trade. The stock is showing that it will move in a down direction. So, are you ready to take 10% profit.......