BHEL - LONG TRADE

4 gen 2022

It can be good choice for swing trade for a couple of weeks if it breaks the downward trend-line followed from 13 Oct 2021.

• For this stock 60.7 acts as a crucial level from May 2004.
  
• The Stock is at a trend line support
  

Trade Details:

Trade Active: When trend Line breaks
Entry: below 63
Stop Loss: Below Trend line
Targets: 66, 69.7, 74, 77
Holding Period: at least 2-3 weeks

Use trailing Stop Loss: Keep Stop Loss below the target , once the stock is going for next target.

Happy Investing :)

5 gen 2022

Nota

Consolidating at the trend line

10 gen 2022

Trade attivo

Can be bought at or below 62, braking trendline with high volume

10 gen 2022

Trade attivo

Entry below 63

12 gen 2022

Nota

Just wait for the target or Stop Loss, Happy Trading :)

15 gen 2022

Trade attivo

Last day it traded with volume above last 20 MA and price going upwards. Keep looking :)

16 gen 2022

Nota

Keep SL at 58, use trailing SL once a target is reached.

20 gen 2022

Nota

The ~60.7 is acting as quiet crucial till now :)

25 gen 2022

Trade chiuso: stop raggiunto

@ 57