BHEL
CMP 90.30
Results are bad and stock has seen some beating... but will it fall further... or we have heard of sell on good news... can this be a buy on bad news and will it rise against the odds...???
Lets see what the chart is saying...
- we observe 20 day EMA recently crossed over 50 day EMA giving some strength
- Currently 20 day EMA is at 92.2 & 50 day EMA is at 90.10
On long term charts
80-84 zone looks like long term support
Only a breach below that will signify something wrong for BHEL. Till then possibility of moving towards 106 / 120 looks feasible...
Take care & safe trading...!!!
Below are links to previous BHEL updates
CMP 90.30
Results are bad and stock has seen some beating... but will it fall further... or we have heard of sell on good news... can this be a buy on bad news and will it rise against the odds...???
Lets see what the chart is saying...
- we observe 20 day EMA recently crossed over 50 day EMA giving some strength
- Currently 20 day EMA is at 92.2 & 50 day EMA is at 90.10
On long term charts
80-84 zone looks like long term support
Only a breach below that will signify something wrong for BHEL. Till then possibility of moving towards 106 / 120 looks feasible...
Take care & safe trading...!!!
Below are links to previous BHEL updates
Pubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.