BHEL trade ideas
Ripe for an up move?NSE:BHEL
On long-term charts price has been in a downtrend since more than a decade and has fallen in range of all time lows. It has seen good volume and support in all time lows range. If it manages to break and sustain above 42, then a change in trend can be seen. 26-28 can act as support area. Breakdown below that levels can negate the view.
On short term (daily) charts, price has broken a 12 month long range and is presently trying to sustain above the breakout levels.
BHEL- Could be a good snack to your portfolioCrazy volumes after a decade or so. Inverse Head & Shoulder break out and long term trendline breakout.
Something fat for your wallet is cooking here.
BHEL - Will it HAIL?BHEL - Various attempts to break the barrier of 42 and some with heavy volumes! But this time the momentum is behind! The H - Heavy of the BHEL is the force behind. m RSI is above the previous peak of 45!.
DISC: Not a SEBI Registered. I post charts for my own study.
BHEL - 50% Return in 1 month ??BHEL, Expecting a breakout from here and go till 60 levels.
Long-term trend line breakout,
Inverse Head and shoulder Pattern breakout with good volumes.
Bhel - Bullish BatBhel previously has bearish gartley and now making bullush bat. PRZ and entry both are on chart
BHEL LONG SIDE ANALYSISBHEL Swing Trading Analysis
Take a Trade Always With Price Action Only
Now BHEL Trading In Buying Zone (CPM 30 TO 40)
All Target and Stoploss Mentioned On This Chart .
trendline supportkeep in radar, seems like price is taking support of trendline , after breaking trendline sellers volumes dried up, still bulls are not coming strong and not any follow through .
price is above 200 MA, since July selling has been poor which shows weakness in selling and strong ness in buying.
sl - 37 in long postion.
BHEL - Target Rs. 45++ BHEL - Breakout / Strong Volumes
What are we talking about?
BHEL Target Rs. 45++
Strong Volumes
Breakout
It can happen within few days from today
BHEL: Buy & Hold: IndiaBy Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
BHEL - On the Wall After long time - we are seeing postive movement in BHEL and currently waiting at trend line.
Incase if cross next target will be 58 and further 74.
Add to watch list - **Follow market direction***.
If cross and sustain 40.5 --- can go for 42 JAN CE.
BHEL - Make in India, Story of a bull This has been the stock worth watching and putting once money in the current overheated market if that is the perception. Hit low of around 20 made subsequent move towards 43 (current wave 1), subsequent fall towards 29 marks the correction as wave 2 (roughly 50%). We are in the start of wave 3 and hence the best wave to get in. Any fall due to the overall softer bias today provides opportunity to get in this place. First target is towards 60 and then toward 75 stops 27.30 (View negates, on daily close basis). Stay Long. Stay Focused.
BHEL Short term view BHEL according to me has given a breakout from a trend line and with good volume. Good for long side in short to medium term view.
BHEL - CMP 33.8BHEL- CMP 33.8, During recent fall it has taken support at 50 and100 EMA and gone up. It can be bought on declines for a target of 35.5, 36.8, 38.8, 40.1 an above. This is for educational purpose only and any investment decision shall be done after consulting financial experts.
CUP AND HANDLE PATTERN IN BHELThere is a possibility of a cup and handle pattern in BHEL.
Buying level is 30.75 - 31.50 - (61.8%) fibonacci retracement, OR you can wait until the pattern gives breakout, for a target of 47.
Bhel { Short D frame } POSITIONALShort if PCL breaks in W frame which can be taken as a positional trade in W - Frame . Rest as per charts
