USDCHF | SWING - 15 Sep. 2020Hello my friend | Welcome Back.
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The Swiss franc is at a support area, which is an area to buy in the event that the support is not broken, it may head towards the upside, the resistance.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
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BHEL
BHEL : 31 AUG 20 :WHAT ARE THE OPPORTUNITIES HERE?
SEE ALL MY PUBLICATIONS, IF IT SEEMS TO BE THE PROFIT RAINING THEN ONLY LIKE AND SHARE WITH YOUR NEAR AND DEARS.
1. DAILY HIGH IS AT UPPER B BAND.
2. BEAUTIFUL TRIANGLE FORMATION.
3. HIGH VOLATILITY IN LAST TRADING DAY.
4. 42 IS THE MAIN RESISTANCE AREA FOR DAILY CHART.
5. SELL BELOW 41.5 IS A JACKPOT.
MY SINCERE THANKS TO MY GURUS TRADING PANTHULU AND NAYAN POKARKAR
BHEL ::: LONGDATE: 30 AUG 2020
INSTRUMENT: BHEL
TIME FRAME: WEEK
FOR CONFIRMATION: DAY
INDICATORS USED:
PARABOLIC SAR: BELOW CANDLE - CONFIRMING BULLISH TREND
STOCHASTICS: FAST LINE CUTTING FROM BELOW - CONFIRMING BULLISH TREND
ICHIMIKO: PRICE ABOVE TENKAN SEN AND CLOSED CROSSING SPAN A - CONFIRMING SLOW UP MOVE FOR A TARGET OF 54.
RISK DISCLOSURE :
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
BHEL- Portfolio Stock - Long Term View Hey everyone,
I consider NSE:BHEL for my Portfolio stock. Will explain everything why I am considering this stock in my Portfolio and what will be My entry Point.
Key Factors
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1- BHEL has offered partnerships at its 16 manufacturing facilities across the country
2-Company has 14000 acres land parcels at different towns and cities in India. Taking conservative per acre land price at Rs 50 lakhs, the land value is pegged at Rs. 7000 Cr. Further, company has Rs. 5000 Cr cash. So total value of land + cash is Rs. 12000 Cr. Currently company market cap at Rs. 7700 Cr.
3-BHEL has floated an expression of interest form foreign companies to use its idle facilities to set up manufacturing of electrical equipment, solar modules, lithium ion cells, transportation equipment, LCD panels. Can be a big beneficiary of companies looking to diversify manufacturing from China post covid 19.
4-BHEL has mainly fallen due to fall in sales and increase in inventory and trade receivables.
5-BHEL stock has declined 66 per cent in the past one year due to weak power demand, delay in new orders and deteriorating receivables position. The stock offers an attractive risk-reward profile with its current market cap at Rs 8,300 crore against FY19 cash and cash equivalent of Rs 7,503 crore. The stock, with a dividend yield of 8.5 per cent, is currently trading at 0.3 times its book value. Considering its net assets of Rs 35,810 crore as on FY19 and outstanding shares of Rs 348 crore,
Fundamental View
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Technical View
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BHEL strongest support and demand zone is near about 8-12 rupees. There is lot of confirmation on this price and this is the best price we can get in Upcoming years. We should need to consider a long position from this price.
RISKY INVESTMENT PICKBHEL HAS BROKEN BULL FRACTAL AND WAS UNABLE TO SUSTAIN THE UPMOVE
STOCK HAS SEEN TO CREATE STRONG DOWNSIDE BASE AROUND RS 80
TILL NOW STOCK HAS NOT BROKEN ANY BEAR FRACTAL AFTER INITIAL BREAK OF BULL FRACTAL.
BIT RISKY TO ASSUME BUY MOMENTUM STILL EXISTS SINCE IT HAS NOT BROKEN ANY OF BEAR OR BULL FRACTAL AFTER ITS 1ST BULL FRACTAL BREAK.
HENCE RISKY INVESTORS CAN ENTER LONG CMP 89.35 OR AT MONDAY OPENING RATE
STOP LOSS WOULD BE 1 TICK BELOW MONTHLY CLOSE BELOW 77 LOW
TARGET 1 : 164.5_193
TARGET 2 : 325_359
Ascending Triangle : Waiting for BreakoutWe have an ascending triangle pattern in BHEL and I'm expecting upside breakout today but that means doubletop will fail & gladly yesterday I didn't enter doubletop. So I'm free to enter based on triangle on any directional breakout in Bhel
If you watch closely, we have double top formation with RSI divergence within triangle.
Ascending triangles breakout in upper direction in that case Double top will be failure. Rarely they breakout downside.
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