Trading Calls:BHEL and Ambuja Cement
BHEL
BHEL has been looking weak on TA charts after its results and split news came.Stock was unable to cover the losses of result day and Slowly drifting down.BHEL has found good support around 1890 levels and have bounce twice from that.
Indicators are oversold so if 1890 is held a bounce can be expected and if 1890 breaks than BHEL can continue its downfall and fill the MAY-2009 Gap
GAP FILLING IN BHEL
Can BHEL fill the May 2009 Gap?
As seen from above chart BHEL1780-1876 is the gap which is unfilled where no …
Read the full story »
BHEL has been looking weak on TA charts after its results and split news came.Stock was unable to cover the losses of result day and Slowly drifting down.BHEL has found good support around 1890 levels and have bounce twice from that.
Indicators are oversold so if 1890 is held a bounce can be expected and if 1890 breaks than BHEL can continue its downfall and fill the MAY-2009 Gap
GAP FILLING IN BHEL
Can BHEL fill the May 2009 Gap?
As seen from above chart BHEL1780-1876 is the gap which is unfilled where no …
Read the full story »
posted by Bramesh at
8:10 AM
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