BHEL
Long

BHEL

188
🚀 3. Trade Setups
▶️ ENTRY 1: Momentum Buy (Breakout)
Entry: ₹251

SL: ₹240

Risk: ₹11

Target: ₹627 (Long-Term Target)

Reward: ₹376

RR: ~34.2

Bias: Short-Term breakout above ₹327 → multi-year Fibonacci/GANN projections.

▶️ ENTRY 2: Value Buy (Swing to Positional)
Entry: ₹191

SL: ₹165

Risk: ₹26

Short-Term Reward (2–3 yrs): ₹436

🔍 BHEL Trade Plan – Strategic View (2025–2030)
✅ 1. Multi-Timeframe Demand Zone Summary
Timeframe Type Proximal Distal Avg Zone Type
Yearly Resistance → Support 199.7 191.85 196 🔥 Major LT Demand
6-Month BUFL 199.7 191.85 196 Strong LT Demand
Quarterly BUFL 199.7 191.85 196 Strong MT Demand
Monthly SWAP 176.5 165.8 171 Swing Buy Zone
Weekly DMIP SWAP 190.85 165 178 Swing + Positional
Weekly (Fresh) DMIP 251 240 246 Momentum Entry

🔷 2. GANN Levels Interpretation
Type Proximal Distal Avg Action
Long Zone 193 165 179 ✅ Stay Long > 193 confirmed
Short Zone 165 160 163 ❌ Short only if <165 breached


Long-Term Target (4–6 yrs): ₹627

RR (Short Term): ~16.7

RR (Long Term): ~24.1

Bias: Positioned inside Yearly + Quarterly Demand + GANN cluster zone → compounding zone.

📊 Swing Structure Reference
Parameter Value
Last High ₹327
Last Low ₹177
Target Zone ₹627 (based on historical FIB extension + volume profile projection)

🔑 Key Takeaways
✅ BHEL is structurally in a strong long-term uptrend.

🔄 Buy-on-dips strategy near ₹191 is ideal for investors & positional traders.

🚀 ₹251 breakout entry is for aggressive traders with close SL.

📈 RR ratios are excellent, aligning with long-term wealth-building.

🧠 Add position on confirmation above ₹327 to ride into ₹400+ zone with trail.

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