MTECHTIPS:- BHEL:- BHEL closed above 1 week high with volume signals up breakoutCurrently BHEL is in HOLD LONG position In short term share is in strong up trend so hold with stop at 128 The BHEL is now trading is approaching overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 88 % indicators.
Intraday trend-Buy is advised above 133.2 with a stop at 130 Below 129.1 go for sell with a stop at 132.3 The intraday signal is BUY and it is supported by 70 % indicators.