IS BHEL LOSING ITS CHARM...???
LOOKING AT CHARTS YEST IT SEEMS SO...!!!
BELOW CHART IS WEEKLY CHART FOR BHEL IN WHICH IT HAS FORMED INVERTED FLAG AND POLE PATTERN AND VOLUMES TOO CONFIRM PRICE ACTION.
POLE LENGTH 98 POINTS (FROM 290 TO 192)
FLAG FORMATION IN RANGE OF 220 TO 192
BREAKOUT ON DOWNSIDE FROM 210 LEVEL
EXPECTED TARGET 118-123 IN COMING 10-14 WEEKS TIME FRAME. (LEVERAGE OF 5% TO BE TAKEN)
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