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BHEL Analyses

Long
NSE:BHEL   BHARAT HEAVY ELECT
As we can see that there was a bear trend in the chart creating LL and LH. But, the trendline is broke giving a breakout in the bear trend. Chat retested the bear trendline and was at major weekly resistance. But today (i.e. 28th September 2021) it gave a closing above 60, giving confirmation for the bull trend.

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