BHEL has tested the trend-line formed during the march 20 fall for the third time,
After third touch usually big move triggers, SL is lesser and probability of hitting SL are minimal.
Here SL comes around 45.
Already BHEL is in strong support zones of 2003, taking support at the breakout levels of 2003. Check Image below
These are the levels where you invest.
This can be a good pick for long term.
Expecting to hit 75+ levels in near term and then 100+
After third touch usually big move triggers, SL is lesser and probability of hitting SL are minimal.
Here SL comes around 45.
Already BHEL is in strong support zones of 2003, taking support at the breakout levels of 2003. Check Image below
These are the levels where you invest.
This can be a good pick for long term.
Expecting to hit 75+ levels in near term and then 100+