BHEL Bullish on Multiple TimeframesBHEL has formed a higher low on weekly timeframe and this looks a wonderful opportunity with first target +@10% profit (nearest resistance) and second target +@50%
BHEL
wait for falling wedge breakout for long term entrywait for falling wedge breakout for long term entry
BHEL LONG INTRADAY 18 Mar,2021Dear trader,
If u look at the chart of BHEL (analysis based intraday only) the BHEL support at 52 and Target at 58 and Stop loss at 46.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
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Bharat Heavy Electricals Ltd Stock AnalysisThe Idea is to go long following the major trend, but wait the end of a possible price retracement before going long
BHEL weekly\ daily chart looks good.good buy bhel at 44 when it retest
why
momentum good
impulse good
3c pattern on weekly and fit to my stretegy
BHEL- Could be a good snack to your portfolioCrazy volumes after a decade or so. Inverse Head & Shoulder break out and long term trendline breakout.
Something fat for your wallet is cooking here.
BHEL - Target Rs. 45++ BHEL - Breakout / Strong Volumes
What are we talking about?
BHEL Target Rs. 45++
Strong Volumes
Breakout
It can happen within few days from today
BHEL - On the Wall After long time - we are seeing postive movement in BHEL and currently waiting at trend line.
Incase if cross next target will be 58 and further 74.
Add to watch list - **Follow market direction***.
If cross and sustain 40.5 --- can go for 42 JAN CE.
BHEL Short term view BHEL according to me has given a breakout from a trend line and with good volume. Good for long side in short to medium term view.
BHEL - CMP 33.8BHEL- CMP 33.8, During recent fall it has taken support at 50 and100 EMA and gone up. It can be bought on declines for a target of 35.5, 36.8, 38.8, 40.1 an above. This is for educational purpose only and any investment decision shall be done after consulting financial experts.
Chart Study- ABFRL, BHEL, ITC, EDELWEISS, INFRATEL, BOSCHLTDThe analysis done below is purely based on price action & chart patterns.
Double Bottom (W) Pattern is a popular chart pattern in price action trading.
In ABFRL chart (Daily TF) that I have shared here, traders can note that the second bottom is formed above the first bottom. (same is described with help of small image in the chart)
In such cases where the second bottom is formed above the first bottom, the price usually breaks the next resistance level which is above the starting point of "W" pattern. (for clarity, refer the W pattern drawn in the box).
Same has happened in ABFRL twice.
I have observed similar patterns in formation in following stocks -
(1) ITC
(2) INFRATEL
(3) EDELWEISS
(4) BHEL
(5) BOSCH
Weekly Charts of above stocks are posted here with potential targets.
Traders can enter into the trade as per their own setup & risk management.
Also, pls comment the name of any other stock which is forming similar pattern.
BHEL - FLAG and POLE PATTERNI've spotted out a flag and pole pattern in BHEl (15 minutes timeframe). It has all the potential to reach about the target of 40 Rs at least. One can initiate a long entry as soon as the flag gets broken.
BHEL ! BUY ?Yes , here BHEL on his support level so study it!
Personal advice:-
Buy :- 28.20
SL :- 26
Limit :- 36
Note :- Do not go with my advice , study a trade !
Hello i am Zeel Goswami,
Here on my profile you can get best positional & swing trade
Thank you
BHEL Long | Cup and Handle BreakoutAs you can see in NSE:BHEL Chart CUP and Handle Pattern form and Handles trendline is break out with strong bullish candle.
You can buy with current price or wait for another break out of CUP top.
Risk is low but the profit is double, if you follow the strict stop loss.
Risk Reward 1:2
BUY : @Current Price OR @44.60
STOP LOSS : @33.80
First Target : @56.65
Second Target : @66.15
BHEL MAKING A DIVERGENCE AND BASE FORMATION TO MOVE UPBHEL has completed wave 2 of elliott and making a divergence - possibly a base and getting prepared for the move up in wave 3. As Elliott practitioners know WAVE 3 is the biggest, let us see how much time it takes to reach 55
BHEL LOOK FOR MAJOR BUYthere is good opportunity here for attractive buying for long term, this C wave can be pretty long.
thanks
tc!
Bullish Morning Star in BHELThis analysis is for swing trading/positional trading. Purely based on Price action & candle stick patterns
Strategy on Daily Time Frame with entry, SL and Targets are given in image itself.
BHEL- Failure of cup and handle1. This is a good stock at affordable price. Investors can look for this stock, current movement is bearish.
here I have drawn cup and handle pattern, where target could have been 70 if neckline was broken at 45.
now with help of fibonacci I have drawn probable retracement levels
2. RSI is in Oversold trajectory.
3. 200EMA resistance
Entry level :31-35
Exit :
1st at Neckline, 45
2nd at 67
