BHEL IS IN A TREND BUT NOT ABLE TO BREAK A 2 YEAR OLD RESI. LINE
Clearly BHEL is following a trend but not able to 2 very old resistance lines, so if it shows signs to break these resistance line, a long position can be taken. For intraday and positional traders, I have drawn support and resistance lines, so trade the up trend using these drawn levels and place you targets and stop losses accordingly.
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