Round bottom formation on monthly frame Considering formation of round bottom at around 100 Tgt will be around180 But if we consider RB formation get completed at around 117 then Target will be around 200 Incase handle get formed at around 100 or 117 target will be accordingly
BHEL is approaching a resistance in short time frame. Short termers, please watch.
1. Trend - Bullish 2. Strength - Strong 3. 1 day move is 12%, so that retailer can not participate and wait for retest, but before it come for retest, chances are high it may touch 180+
BHEL is ready to go up to 60/69/74 in Medium to Long Term. Volume also confirms.
BHEL all set for 70-72 levels Symmetrical triangle breakout time frame 3-4 months keep sl 55
bhel 1w time frame buy @ 104.65 target @ 123, 127, 130.40 channel breakout eisk reward 1.4 sl@86.75
BHEL clearly gearing up for 120 showing amazing strength in falling markets. Keep in watchlist for quick gains.
BHEL looking very bullish , buy at cmp , keep 3% as a stoploss and target for shortermis 10% and for longterm 100% stock fundamentals are PE 124 ROE 2.68% MARKETCAP 39,922cr
💥BHEL💥- Nice Breakout Capital to be deployed- 20k Investing Price -107-110 Breakout Price -106 Stoploss-93 Targets-134-175 RT for max reach. #BHEL #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksInNews #StockSpotlight
NSE:BHEL One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss,...
Reason for long a) Mr.14 set up b) super vwma set up c) weekly breakout SL compulsory
BHEL likely to take out its previous highs, Time to keep an eye Cmp 85.70 Breakout @ 88 Target 106 (its any observation & not a suggestion)
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 ! ! !
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
At the verge of breakout........... it's pattern which having 90% sucess ratio historically
BHEL above key moving averages in long term chart. Next stop as per Fibonacci retracement is 152 in a year.
The stock is seeing almost five year High. On the weekly we can see a a nice VCP pattern. On the Daily chart it is coming out of the supply shadow of effectively two "BC' Bars. Today we saw a High Volume "Effort to Move up" bar. The Relative Strength is also Positive. After a long time the stock seems to be gathering the strength move up and scale up retake...