BHEL broken out of a bullish flag pattern: Sharekhan
Sharekhan believes that BHEL has broken out of a bullish flag pattern
By ET Bureau |
MUMBAI: Sharekhan is of the view that BHEL has broken out of a bullish flag pattern.
"BHEL has broken out of a bullish flag pattern and also taken support at the 20-day exponential moving average. The momentum indicator on the daily chart has given a positive crossover," the report said.
"BHEL has broken out of a bullish flag pattern and also taken support at the 20-day exponential moving average. The momentum indicator on the daily chart has given a positive crossover," the report said.
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