BHEL
Long
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BHEL -- POSITIONAL

1 178
BHEL -- DAILY CHART -- POSITIONAL

1. BHEL Seen trend reversal doji candle on daily chart last closing daily candle

2. Currently stock trading at upper channel and lower level of upper channel doji candle indivcate possible trend reversal from current level at
55- 57

3. currently stock closing at strong support line 55-57 level

4. trix line near center line

5. one can initiate buy at current level 55-57 for target 60-62-65 as positional trade ( 1 month ) and stop loss can place at 50-51 level


** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!

HAPPY TRADING. !!


Note
toadays candle is heikin ashi bullish green candle formation after doji candle indicate trend teversal confimration on short term trend.

29/09/2022 -- 10.00 am
Note
target 1 - 60 HIT... --30/09/2022
Note
target 2 - 62 HIT. ---04/10/2022
Note
Target 3 - 65 HIT ---18/10/2022
Note
all 3 positional target HIT .
Note
AS Discuss earlier BHEL seen channel breakout above 70 level and move above 72-74-75 level ..now ! 31/10/2022

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