Bhel could be a good candidate for short term investment pick, the stock fell to 78.6% retracement of the last rise and then developed positive divergence in rsi along with trendline breakout with good intensity of volume, and most probably now it's going up to make higher highs and higher lows, bkp is also formed in daily time frame, once it crosses mid bollinger then it would be a more effective as presumed, there are little resistances at 55.25 & at 60-62, above that it can fly more freely towards 100+ range.
Wave Structure is likely to be

Retracement levels

Macd in daily positive crossover and Uptick

Bullish rsi divergence

Rsi Uptick in daily

Rsi Uptick in Weekly

Bkp is formed in daily

Breakout with Good intensity of Volume in daily

Breakout with Good intensity of Volume in hourly


Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Wave Structure is likely to be
Retracement levels
Macd in daily positive crossover and Uptick
Bullish rsi divergence
Rsi Uptick in daily
Rsi Uptick in Weekly
Bkp is formed in daily
Breakout with Good intensity of Volume in daily
Breakout with Good intensity of Volume in hourly
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
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YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
相关出版物
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
