BHEL
Description is in chart itself. As GOVT. is in mood of divestment in PSE/PSUs, If government takes action in upcoming weeks than it might give fuel to the rally.
Also would like add NIFTY PSE chart as well, It is also at very crucial levels.
If resistance is taken out in further weeks than we can see a rally in PSE stocks with BHEL being a favourable and a bet with a good risk-reward ratio.
Keep SL according to you risk appetite.
CNXPSE
ONLY FOR EDUCATIONAL PURPOSE. NO RECOMMENDATIONS
Also would like add NIFTY PSE chart as well, It is also at very crucial levels.
If resistance is taken out in further weeks than we can see a rally in PSE stocks with BHEL being a favourable and a bet with a good risk-reward ratio.
Keep SL according to you risk appetite.
CNXPSEONLY FOR EDUCATIONAL PURPOSE. NO RECOMMENDATIONS
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