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BHEL - Forming BAT or Butterfly
BHARAT HEAVY ELECT FUTURES
Short
BHEL - Forming BAT or Butterfly
By NileshPrajapati85
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Updated
Sep 26
5
2
2
Aug 13
BHEL has moved below 20 & 50 EMA.
Also it has closed below Lakshman Rekha to confirm BAT pattern formation.
Possible targets - 283 / 270 / 250 / 230.
Sep 4
Trade active
Touched 283
Sep 6
Trade active
Touched 270 as per levels.
Sep 26
Trade active
Touched 250 & now again back to resistance.
Bat
Moving Averages
Support and Resistance
NileshPrajapati85
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