BHEL - POSITIONAL - BULLISH TREND REVERSAL

BHEL find bullish trend reversal daily candle on yearly chart 1day timefram. stock corrected from 78-80 level to 50-55 and last few days consolidating around 55-60 level ..last trading session stock has given strong breakout on daily candle with good volume confirm trend-line and triangle breakout clearly seen on chart.

from current level CMP 62.65 as positional trade 10-20% upside can seen next 10-15 days time .

Bullish technical indicators .
1. trend-line and triangle breakout
2. Double bottom seen before breakout
3. volumn seen increase
4. RSI bullish

BUY BHEL cmp 62.65

TARGET 66-68-70

STOP LOSS 55


** Please do own study and analysis this idea can help you for same..tale call at own risk. !!

WISH YOU HAPPY TRADING. !!