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rommy5

BHEL SWING TRADE

Long
BHARAT HEAVY ELECT (NSE:BHEL)  
rommy5  
NSE:BHEL   BHARAT HEAVY ELECT
Trend Analysis Harmonic Patterns Wave Analysis BHEL bhelbuy bheltechnicalanalysis bhellong swingtrading swingtrade swingtradesetup
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trendanalysis harmonicpatterns waveanalysis bhel bhelbuy bheltechnicalanalysis bhellong swingtrading swingtrade swingtradesetup
Hello, bhel mid-term swing trade buy: 52 targets: 59.50/66 stoploss: 48.80.

LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance pull back buying strategy, (targets identified from harmonic xabcd pattern level 0.886/1.272) stoploss is taken previous swing low. Stock looks soild for mid term swing trading. BHEL
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