Buy BHEL @ 59Buy with target of 75/85/100 stoploss below 50
Now trading at support not closed single time from last 1 year below trend line support
BHEL trade ideas
BHEL 1 Day Time FrameOne should keep an eye on BHEL. As it is following the trend line downward and also is in a particular range from so many days now. Also it has given closing near 50 EMA. Any breakout of these will lead to good rally.
BHEL Long CMP 38, SL31, TGT 50+Bhel breakout with high delivery % - Triangle pattern, Good Risk reward ratio, 1:2
BHEL - Retesting the breakout level; Long term investment BHEL - Retesting the breakout level; Long term investment.
View on BHEL Important Levels For long term:
Stop Loss 47
Buying level 57-62
Targets - 79 , 90 , 110
BHEL wave analysisBHEL is in final e wave of wave 4 running triangle,wave 5 rally to start after the breakout of this triangular pattern towards 95.
My View ON BHELBHEL looking good above 78.
Flag breakout pattern looking.
if sustain above 78 should hit 80-81-82++
Bhel double bottom reversalCaught bhel double bottom reversal and waiting for retest.........can reach the target of 74.00
