Investment PickBHEL has given an Inverted Head and Shoulder breakout this week. Since past 5 years stock was consolidating below 82 and struggling to break this barrier. Now once can assume the down trend is over and we can expect up move in coming months. Target mentioned here are short - medium term. We will review the chart once these targets are hit.
Once can buy this stock in instalments/ SIP or on each dip. Stop loss is kept very deep as I'm expecting a huge upside. Once can change the SL as per their risk.
CMP - 83.2 W (2/6/23)
T - 100, 115 W
SL - 69 W
