BHEL
Long

BHEL - All set to test the ~5 years resistance trendline

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
Chart PatternsTrend Analysis

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