Bhel has broken out from inverse H&S pattern . Volume and candle , both are good on breakout. Weekly close above 45 will start higher top higher bottom structure and turn the trend to bullish. Risk can be also taken if it gives daily close abv 45 with volume.
As of now SL is 26 for H&S but once it closes abv 45 then SL will be 34 on daily closing basis. TGT will be 61 and 80
Disc : I have position in stock. It's not an investment advice to buy or sell
As of now SL is 26 for H&S but once it closes abv 45 then SL will be 34 on daily closing basis. TGT will be 61 and 80
Disc : I have position in stock. It's not an investment advice to buy or sell
