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Showing posts from January 4, 2016

Bharat Heavy Electricals

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BHEL(170.90) - Posted on 03rd Sept. 2015 as "Below 220-230
Downside target 165--145"

On the posted date it was at 206 and afterwards it gave pull back and exactly resisted at 219.70 on 27th Oct. from their, fall started and it attacked the mentioned down side target  of 165 (made repeated low of 164) between 08th Dec to 15th Dec.  and now at 170.90.
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 what next ? 

Now if not break below 165-163
going to give pull back 200--203


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Below chart explain even better
(click the below chart to see the zoom view)