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BHEL: Reversal on cards
BHEL:
CMP 137.50
Last month, it was mentioned that BHEL chart is suggesting
A buy on dips towards 133-128 zone can provide better risk::reward ratio
https://in.tradingview.com/chart/BHEL/8yXAnTFj-BHEL-Near-support-but-I-still-haven-t-found-what-I-m-lookin-for/
Well the stock reversed exactly from that zone after making a low of 130.80
Going forward, the stock may gain further strength above 142...
Short to medium term Target 147 / 158
SL below 128
Take care & happy trading
CMP 137.50
Last month, it was mentioned that BHEL chart is suggesting
A buy on dips towards 133-128 zone can provide better risk::reward ratio
https://in.tradingview.com/chart/BHEL/8yXAnTFj-BHEL-Near-support-but-I-still-haven-t-found-what-I-m-lookin-for/
Well the stock reversed exactly from that zone after making a low of 130.80
Going forward, the stock may gain further strength above 142...
Short to medium term Target 147 / 158
SL below 128
Take care & happy trading
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