Bharat Heavy Electricals
BHEL (219) - Posted on 09th July as " Hope and support 240--230 But below that down side target 202-192" After this post, it broken the support on 14th July and afterwards repeatedly resisted at 230-240 level (intra day, at best case it went up to 245 on 16th July and on 07th Oct it attacked the mentioned down side target of 202-192 (made low 194.20) not only that from there it bounced backed and as on yesterday it made high 220. ** what next ? Now face resist 223-226 But trade and stays above that next upside target 245--255 otherwise once again down side target 202-192
