BHARAT HEAVY ELECT FUTURES
Short
Updated

BHEL - Forming BAT or Butterfly

236
BHEL has moved below 20 & 50 EMA.
Also it has closed below Lakshman Rekha to confirm BAT pattern formation.

Possible targets - 283 / 270 / 250 / 230.
Trade active
Touched 283
Trade active
Touched 270 as per levels.
Trade active
Touched 250 & now again back to resistance.
Trade closed: target reached
Target reached 230.

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