BHEL currently at Rs 144+ when this message posted.
BHEL likely to remain very strong till it holds 135 on the downside where on the upside it could see level of upto 170/176.
Only below 135 it starts getting weaker where on the downside it finds support at 119 & 106.
So its a buy in parts at current level and more on decline around 137+-, this way your cost price also remains under control.
We have given you both side view so trade accordingly.
BHEL likely to remain very strong till it holds 135 on the downside where on the upside it could see level of upto 170/176.
Only below 135 it starts getting weaker where on the downside it finds support at 119 & 106.
So its a buy in parts at current level and more on decline around 137+-, this way your cost price also remains under control.
We have given you both side view so trade accordingly.
BHEL hits 171+
ReplyDeleteNext Resistance close to 199/201 region where some profit booking will be seen.
ReplyDeleteBhel hits 201
ReplyDeleteReturn generated around 40%
ReplyDelete