BHEL
Long
Aggiornato

BHEL - Positional Cash Buy

270
BHEL - Monthly chart looks highly bullish.

Buy above 44.5 (Neck point of Harmonic analysis) for targets as follows

Bearish BAT Pattern target - 67.5 to 68.0. At this point, we might see a small reversal so once can book 50% profits at this level.

After a reversal, once it crosses 67.5 again, re-enter with the same 50% again.

Bearish Crab pattern target - 108 to 110.

Safe SL will be 35 on a monthly close basis.
Aggressive SL will be 30 on a monthly close basis.

My personal view - Chart looking very bullish after many many many years.

Dis:- Holding from less than 30 levels over last 4 months & huge quantity too.
Trade attivo
Target 1 hit... Waiting for Target 2
Nota
Moving Towards Target 2 again after a pullback from Target 1

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