5 Step Analysis of BHEL
1.Stock on Daily TF we can see that from Dec.2022 stock was in downtrend and took support at 66 Level.
2. From Dec. Stock has made Flag Pattern and made double Bottom at 66 level.
3. Today Stock has given Breakout on Daily TF with high volume.
4. Stock Showing strength with strong Momentum and high volatility.
5. With the support of 66 level Enter at CMP upside move can see at 87 to 93 level in coming days.
1.Stock on Daily TF we can see that from Dec.2022 stock was in downtrend and took support at 66 Level.
2. From Dec. Stock has made Flag Pattern and made double Bottom at 66 level.
3. Today Stock has given Breakout on Daily TF with high volume.
4. Stock Showing strength with strong Momentum and high volatility.
5. With the support of 66 level Enter at CMP upside move can see at 87 to 93 level in coming days.