Bhel Looks Portfolio Stock Because • Positive Divergence (RSI) • Timing wise already consumed 12 years which is more than 7-8 years rally from bottoms of 11 to 390-400 zone going into 2007-2008 Financial Crisis Period • Key Reversal Candle from lows of 40’s is confirmed recently.
Short term Trading Strategy
Plan A - Buy above 61 for 77-80 Target zone
Plan B – Sell below 55 for 49-50 / If holds below 48-49 can slip further downside to 45
Thanks for watching the video & your support.
トレード稼働中
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12:05 Hrs/4th Nov 2019
Nifty Index Update
Last Price @ 11910
Slipped from the tops 11980's. Already updated be careful at tops! Key support 11880-11900/critical 11850, which can hold & push index upside if any upside is left Else any sustained move below key support & later below critical level 11850 should be the warning bell. Thanks
トレード稼働中
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14:58 Hrs / 4th Nov 2019
Last Price@11953
It's a century for the day!!!
Index got support close to 11880-11900 - Low for the day @11905-11906 - As expected it pushed upside & trading at 11950+
First fall close from 11980's to 11900 & Buying close from 11900's.
トレード稼働中
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15:11 Hrs / 4th Nov 2019
Last Price@11933
Be careful at 11950's -Holding below -It can do all the job in fast & furious mode again. You won't even realize that your floor on which you have been standing has slipped!!! Going below 11900 which is psychological level.
トレード稼働中
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09:32 Hrs / 5th Nov 2019
Last Price@11918
I have already warned to be careful on tops close to 11980!!!
Downside Target shall be 11880-11900 & below 11880 /11850 - 11800 & 11785 as updated yesterday as well to be careful below 11950. Thanks
トレード稼働中
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10:50 Hrs / 5th Nov 2019
Last Price@11952
Above 11950 - You should be out of all sell trades moving above 11950. Only below 11950 -Sell is suggested or Sell close to 11980-12000 - No selling at all above 12000 levels Kindly understand Trading zones.
トレード稼働中
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11:49 Hrs / 5th Nov 2019
Last Price @ 11921
Nifty Index Update
1st target close to 11900. If fails to go below 11900 -Traders can plan for short term long positions for upside target 11950 & 11980-12000 & Later Sell if holds below 12000 level.
トレード稼働中
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13:41 Hrs / 5th Nov 2019
Last Price@11890
Recent low @11861
2nd downside objective or target done as suggested Below 11880 - It is 11850 !!! Taking a pause or mid day break!!!
トレード稼働中
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14:09 Hrs / 5th Nov 2019
Last price @ 11890
Index Update
If fails to cross 11890-11905 resistance zone which acted as support zone in morning session. That is clue no- 1 for selling later & clue no-2 which confirms selling is below 11861 -day low
Hope you have wonderful day ahead. Thanks for all support.
トレード稼働中
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13:23 Hrs / 6th Nov 2019
Last Price- 11967
Nifty Index Update
Can You expect anything better than selling at 11980 & Buying at 11850-11860 as zones mentioned several times. Going beyond shall decide next!!!
手動でトレードを終了しました
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14:35 Hrs / 6th Nov 2019
Last Price- 11987
Nifty Index - Last update
Finally - Bulls have made too far from 10670 lows which was entered just one day before FM's crucial meet was to happen & Nifty was unable to hold 10700!!!- still it was suggested to go long for 10840-11850 & 10900 -Later 10900+
What happened was amazing!!!
Current Scenario -
Even though Index crossed 12K after long time. Long positions would be suggested only if it holds above 12K else it will be touch & drop scenario!!!
Hi sir......I have shorted bhel @56 ...target is 49-50 and as I see it is moving in a downward channel and it is currently at bottom part of it....shall I hold till target or exit with current profit of 15 k for Monday...?
desparate6
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What is the right time to invest in BHEL currently. Please guide me. Thanks
AMBRISH
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Has Bhel Bottomed out at 41.30? it looks attractive for portfolio investment.
Your view Please.
sanjivt
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Hi Abhishek, whenever you get a chance, would love to hear your views on BHEL. Seems to be in a bottoming out process to me though it may have some more downside in the short term. Thanks
sanjivt
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This was a great call Abhishek.....followed it positionally and closed the shorts today.....thanks
@AbhishekHSinghCMT, wish you and your loved ones a happy, healthy and prosperous new year 2020 too.....cheers!
sanjivt
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Hi Abhishek, BHEL broke below 55 today. As per plan B sell gets activated below 55. I haven't taken the trade yet. Should one wait to see whether BHEL holds below 55 for some time or we can short it at current price? thanks
WaveTalks
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@sanjivt, Till the time it is below 55 -ok. Else please avoid sell.
vishalneverevergiveup
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Sir bhel short trade activated below 55---Let me know the Sl...or else i can buy call option to hedge..??