Investment Stock Analysis - BHEL Strong Buy
Technical Aanalysis
After making HH in July 24. Stock came to Prev Breakout Levels to Retest
and currently in Accumulation before making fresh Higher High.
1) Inverted Head & SHoulder in formation. Pattern will be active when Strong closing above 261. Inactive if Closes below 179.
2) Currently within falling wedge resistance. Confirmative entry will be above candle closing above 264.
3) Multiple and Confirmed Patterns on Weekly and Monthly Charts
4) Hidden Divergence formed in a weekly Tf, confirm Trend Conformation towards prev high and Fresh Higher High.
4) Strong candidate to hold for Better returns on Short to Long term Investment.
Disclaimer: Views shared are for Educational purpose only. Initiate your own analysis before taking any trades.
After making HH in July 24. Stock came to Prev Breakout Levels to Retest
and currently in Accumulation before making fresh Higher High.
1) Inverted Head & SHoulder in formation. Pattern will be active when Strong closing above 261. Inactive if Closes below 179.
2) Currently within falling wedge resistance. Confirmative entry will be above candle closing above 264.
3) Multiple and Confirmed Patterns on Weekly and Monthly Charts
4) Hidden Divergence formed in a weekly Tf, confirm Trend Conformation towards prev high and Fresh Higher High.
4) Strong candidate to hold for Better returns on Short to Long term Investment.
Disclaimer: Views shared are for Educational purpose only. Initiate your own analysis before taking any trades.
Dagangan ditutup: sasaran tercapai
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Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.