BHEL is currently approaching a major support zone around the 220-230 range , which has held strong in the past (highlighted by the blue arrows). This zone has provided multiple bounces previously, and it will be crucial to see how the price reacts here. Support Zone: 220-230 range Current Price: 223.70 Entry Strategy: I’ll be watching for a bullish...
Wave 1 and Wave 2 are complete Wave 3 is Onn Price has formed a Demand in 6 Month chart Define ur risk and let ur Rewards grow exponentially !!! ENJOY THE RIDE ! ! !
Buy at 84 Sell at 90 100 110 Exit below 80 on daily closing basis Book profits accordingly.
BHEL broke the trendline and is ready to move towards it's previous high as it is currently moving in a big channel. 1:2 Risk to reward ratio. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze...
BHEL is PSU which is into engineering and manufacturing capability across several core sectors, including power generation and transmission, transportation, renewables, water, oil & gas and defense & aerospace. X/2 Entry can be taken in BHEL at CMP and second SIP of X/2 entry can be taken above 57 closing. The target for BHEL will be 61.8 and 65.85. In a long run...