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Bhel : Holding Bullish Range Shift

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.
bharatjhunjhunwalaBHELBSEChart PatternsTechnical IndicatorsNIFTYnseoptionsprorsiRelative Strength Index (RSI)Trend Analysis

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