Double Bottom Breakout - BHEL

247
📊 Script: BHEL
📊 Sector: Capital Goods
📊 Industry: Heavy Electrical Equipment

Key highlights: 💡⚡

📈 Stock is giving double bottom breakout on daily chart.
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages will give crossover.
📈 Right now RSI is around 66.
📈 Its a PSU stock might move slower as compare to other stocks.
📈 Stock is giving dividend to so it might effect price too.
📈 One can go for Swing Trade.

⏱️ C.M.P 📑💰- 435
🟢 Target 🎯🏆 - 462
⚠️ Stoploss ☠️🚫 - 424

⚠️ Important: Always maintain your Risk & Reward Ratio.

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