BharatJhunjhunwala

Bhel : Holding Bullish Range Shift

NSE:BHEL   BHARAT HEAVY ELECT
BHEL: In my previous updated i mentioned the range shift fact in the stock. The stock is reattempting breakout from the clouds. In today’s session it created a bullish candle. The macd is turning up while rsi is comfortably above 50 levels. The chikou is free As long as 51 levels are protected the stock is expected to move up in the near term.

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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