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MULTIBAGGER 2023 ---BHEL
BHEL
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MULTIBAGGER 2023 ---BHEL
Oleh champtrade111
Ikuti
Ikuti
14 Jan 2023
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14 Jan 2023
BHEL --MONTHLY CHART SETUP -- potential multibagger 2023
1. BHEL pick as potential multibagger 2023 due to bullish techncial indicators on chart set up
2. Monthly Trendline breakout , Resistance Breakout seen on chart .
3. lower channel breakout seen around 40-45 sub level since then stock at uptrend following trendline at upper channel currently
4. RSI above 60, and above wma strong bullish indicator .
5. Golden cross of 44 and 200 hma , trading above 44, 100, 200 HMA
6. Potential upto 50-80% Upside from current level in 1 year timeframe
7. ENTRY .. 75-80 above resistence breakout level , TARGET 100-120-150 IN 1 YEAR , STOP LOSS 55
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk .!!
HAPPY NEW YEAR... HAPPY TRADING .!!
BHEL
Chart Patterns
Technical Indicators
multibagger
Trend Analysis
champtrade111
Ikuti
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