BHEL | Inverted Head & Shoulder | Bullish Flag

Panjang

BHARAT HEAVY ELECT (NSE:BHEL)

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NSE:BHEL BHARAT HEAVY ELECT

Trend Analysis Chart Patterns

trendanalysis chartpattern

Inverted Head& Shoulder and Bullish Flag pattern can be identified in BHEL. Stock is in very good shape to crack supply zone 93.5/94. Once this level is taken out a strong uptrend towards 100 is very much a possibility with an extension to 101.5 level, which can be considered as second target.

Komen:

BHEL | Preferably in Cash

Komen:

Resistance level has been broken confirming both inv. H&S and Flag. Stock could surge anytime soon.

Penafian

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