BHELBHEL Analysis: BUY
Buy @54
Stop loss @ 52
Target @ 60
I am sure target will hit 75%, wait and see
best wish
shakthi
BHEL trade ideas
Long BHELThe stock has broke out from the trendline and also retested , can buy BHEL for positional trade. Also, it has formed morning star candle pattern which can be a good confirmation.
I'm a beginner, i'm just sharing my views.
BHELBhel down phase ended now it's time to a big move... it might be next sail fibonacci short term target 1: 81 and target 2: 90
bhel create short postion The Rsi momentum starts decreasing and adx also deacreasing on a 15 minute time frame
BHELBHEL has taken strong support on trend line, momentum is increasing and volume also increasing. this is very good sign for buy.
BhelBhel can hit 58-60 in next trading session.
Resistance at 58 and 60. Just for observation not trading.
BHEL , Buy for target of 64It seems that stock has bottomed out and there is buying interest coming in the stock.
Buy BHEL at current levels and Keep stop loss of 51 on days closing basis.
Target for the stock will be 64-65 (15.4% - 17.2%).
Keep a view of 3 months, buy and hold the stock
**Ideas are my own** Take risk as per your risk taking appetite**
BHEL Weekly chartBhel on weekly chart trying to form a head and shoulders pattern. time period ; 1-2 weeks
BHEL looks good for long mid termDisclaimer:only for study purpose
It forming a nice cup and handle
Breakout and then retest so chances are high to test its high and give good reward on current position
BHEL SYMMETRICALPATTERNHello
Welcome to this analysis about BHEL, we are looking at daily timeframe perspectives. BHEL in recent times heavily decreased with bearishness however it now moved into an oversold condition. BHEL is developing here that will be a decisive factor in the upcoming times. I discovered the main formation BHEL is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how BHEL has emerged with this key BHEL SYMMETRICAL PATTERN marked in my chart with the black boundaries. BHEL is near support region which is an important support and also psychological support-mark together with the lower-boundary of the BHELSYMMETRICAL PATTERN a pullback
In this manner, thank you for watching my update-analysis about BHEL and its major BHEL SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
BHEL Swing trade idea#BHEL Swing buy between 55.20-55.30 for 62 as target and SL below 52.10 #Swing #Positional
BhelBhel could be a good candidate for short term investment pick, the stock fell to 78.6% retracement of the last rise and then developed positive divergence in rsi along with trendline breakout with good intensity of volume, and most probably now it's going up to make higher highs and higher lows, bkp is also formed in daily time frame, once it crosses mid bollinger then it would be a more effective as presumed, there are little resistances at 55.25 & at 60-62, above that it can fly more freely towards 100+ range.
Wave Structure is likely to be
Retracement levels
Macd in daily positive crossover and Uptick
Bullish rsi divergence
Rsi Uptick in daily
Rsi Uptick in Weekly
Bkp is formed in daily
Breakout with Good intensity of Volume in daily
Breakout with Good intensity of Volume in hourly
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
BHEL is on demand zoneBHEL is on demand zone
1. just taking support from main trendline
2. RSI showing positive divergons
Positive divergenceBHEL, positive divergence on hourly chart, may consolidate here or may go till 53 but going to reverse the trend soon
BHEL - price analysisNSE:BHEL has shown reversal sign with dragonfly doji candle at 56 level. It is also a support level which was a previous resistance. RSI(14) just entered oversold zone. If price stays above 56.90 level, it could go to 67.
TRADE CALL FOR 3 TO 4 DAYS.Buy Above @ 57.6
Stop-Loss - Below 54.50
Target - 63.60
EDUCATIONAL USE ONLY
Buy BHEL @ 59Buy with target of 75/85/100 stoploss below 50
Now trading at support not closed single time from last 1 year below trend line support
BHEL 1 Day Time FrameOne should keep an eye on BHEL. As it is following the trend line downward and also is in a particular range from so many days now. Also it has given closing near 50 EMA. Any breakout of these will lead to good rally.
BHEL Long CMP 38, SL31, TGT 50+Bhel breakout with high delivery % - Triangle pattern, Good Risk reward ratio, 1:2
