In weekly timeframe, BHEL resistance trendline from 2018 till now itgot 3 times and out of that 2 with good volumes in last 2 years.
It broke the triangle pattern around 50 and consolidated nicely moved to 60+...
Now, it set to test the 5 years trendline around 69-71. Intesting scrip to watch in next 3-4 weeks.
Note: This is just educational purpose not recommendations at allp
It broke the triangle pattern around 50 and consolidated nicely moved to 60+...
Now, it set to test the 5 years trendline around 69-71. Intesting scrip to watch in next 3-4 weeks.
Note: This is just educational purpose not recommendations at allp
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.