Short Term Trading Calls:BHEL,Axis bank and Hind Petro
BHEL
BHEL is forming base around 2430 levels as show in daily charts and forming a resistance around 2500 levels.As seen it is forming an ascending triangle formation.RSI and MACD are in oversold state.
Buy around 2483 levels tgt 2500/2520 and 2548 SL 2420
Hind Petro
Hind Perto has been in downward channel as shown on daily charts and now looks ripe for this downward channel and shall move into a bullish stance .
To support my stance on Hind Petro STOH is in oversold terrotiry and it gives pretty good signal
Buy above 488 Tgt …
Read the full story »
BHEL is forming base around 2430 levels as show in daily charts and forming a resistance around 2500 levels.As seen it is forming an ascending triangle formation.RSI and MACD are in oversold state.
Buy around 2483 levels tgt 2500/2520 and 2548 SL 2420
Hind Petro
Hind Perto has been in downward channel as shown on daily charts and now looks ripe for this downward channel and shall move into a bullish stance .
To support my stance on Hind Petro STOH is in oversold terrotiry and it gives pretty good signal
Buy above 488 Tgt …
Read the full story »
posted by Bramesh at
1:44 PM
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