Friday, 5 September 2014

Update for BHEL intraday:

The stock has reached the target of 222.80.

Change the stop loss to 223 and wait for the next target of 221.50.

Further downtrend  will take it to the levels of 220.35/218.50 (be cautious)

If the downtrend movement is very strong the stock may fall to the levels below 215.

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