Technical Analysis: BHEL (Bharat Heavy Electricals Ltd) – 1D Timeframe (Short Trade) We initiated a short trade on BHEL at 288.71 on 2nd September 2024, using the daily timeframe. The first target (TP1) at 259.89 has already been hit, and we are now looking ahead for further bearish momentum. Key Levels Entry: 288.71 – The trade was initiated following...
Bharat Heavy Electricals Limited (BHEL) I am seeing short-term bullish potential in BHEL. This is for educational purposes only.
BHEL - Daily RSI - 70 on the over bought zone However its on an Uptrend Weekly RSI - 60 so still holds good to see the below target :) 1st Target - 68 Please Like & Follow :)
Buy BeL Target 🎯 220 because it's recently given major breakout.
let it cool down a bit. buy at 57- 45 range.
The Idea is to go long following the major trend, but wait the end of a possible price retracement before going long