Rajat_the_HERO

BHEL - LONG TRADE

Largo
Rajat_the_HERO Actualizado   
NSE:BHEL   BHARAT HEAVY ELECT
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 :)
Comentarios:
Consolidating at the trend line
Operación activa:
Can be bought at or below 62, braking trendline with high volume
Operación activa:
Entry below 63
Comentarios:
Just wait for the target or Stop Loss, Happy Trading :)
Operación activa:
Last day it traded with volume above last 20 MA and price going upwards. Keep looking :)
Comentarios:
Keep SL at 58, use trailing SL once a target is reached.
Comentarios:
The ~60.7 is acting as quiet crucial till now :)
Operación cerrada: precio stop alcanzado:
@ 57
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