Technical Calls:BHEL and Godrej Industries
Godrej Industries
Godrej Industries is approaching its trendline resistance as shown in below daily charts. Trading range is getting smaller and in a tight range.Range breakout should happen on either breakdown or breakout.
Buy above 198.5 Tgt 201,206 and 212 SL 196
Sell below 186.1 Tgt
BHEL
Laxam Rekha for BHEL 50 SMA@2068 as clearly mentioned on charts.BHEL is unable to cross it and getting resisting at this level.On Lower line it is forming a higher lows .
Indicators are giving inconclusive indication
Read the full story »
Godrej Industries is approaching its trendline resistance as shown in below daily charts. Trading range is getting smaller and in a tight range.Range breakout should happen on either breakdown or breakout.
Buy above 198.5 Tgt 201,206 and 212 SL 196
Sell below 186.1 Tgt
BHEL
Laxam Rekha for BHEL 50 SMA@2068 as clearly mentioned on charts.BHEL is unable to cross it and getting resisting at this level.On Lower line it is forming a higher lows .
Indicators are giving inconclusive indication
Read the full story »
posted by Bramesh at
10:27 PM
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