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BHEL 200 EMA BREAKOUT - SWING OPPORTUNITY ?

由NikhilTharakath提供
BHEL was on a downtrend for the past two months and 200 EMA was acting as a dynamic resistance and it was tested two times before todays breakout with high volume. And it was creating higher lows from November 4th.

ABOVE 30 BHEL looks bullish.


200emacrossoverBHELbreakoutTrend Analysisuptrend
NikhilTharakath

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