About meI have long experience of share market and like to do short term trading. I know how chart behaves. What I am posting is out of my experience. My idea is for learning purpose only. Let's all make money. I am ready to help all.
Currently BHEL is in no trading zone.
1) Buy if it gives weekly closing above the Demand/Supply zone i.e. 61 price level.
2) Short if it gives weekly closing below the zone i.e. 56 price level.
3) Currently it is very close to 200EMA on daily chart and it might take support from it.
4) Currently at very important 38% Fibonacci level