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Bhel

 
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Author Bhel
imbst
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Joined: 23 May 2010
Posts: 86

Post: #1   PostPosted: Thu Feb 02, 2012 3:28 pm    Post subject: Bhel Reply with quote

Dear SAM Sir,

I need your guidence on BHEL for very short term plss.

Best Regards
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kunchaki
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Joined: 12 Sep 2011
Posts: 4

Post: #2   PostPosted: Thu Feb 02, 2012 3:50 pm    Post subject: Reply with quote

sorry, ishd nt reply.......bt still i m replying to share my view abt bhel...it may help u.........2morrow it may go till 262.2(max), so go short at 262.2 then d target is 253.35 and 248.35........................
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psalm
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Joined: 12 Nov 2011
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Post: #3   PostPosted: Thu Feb 02, 2012 4:15 pm    Post subject: Reply with quote

Hi Akhter,

BHEL closed around 258.5 today. 265 is the most important level for BHEL now on a closing basis. Talking about tomorrow, if the stock closes below 257.5, then exit the stock. If it happens, then there is chance of this stock testing 242-235 range. A close above 264 will push the stock towards, 285-295 levels. For any LONGs (intraday) its better to keep a stoploss just below today's low, which is 256. Also, if the stock comes to 264 levels, there is nothing wrong to short with a stoploss just above 265.

IMPORTANT: The levels I'm mentioned here are spot levels.


Regards,

Sam
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imbst
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Joined: 23 May 2010
Posts: 86

Post: #4   PostPosted: Thu Feb 02, 2012 8:14 pm    Post subject: Reply with quote

kunchaki wrote:
sorry, ishd nt reply.......bt still i m replying to share my view abt bhel...it may help u.........2morrow it may go till 262.2(max), so go short at 262.2 then d target is 253.35 and 248.35........................
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imbst
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Joined: 23 May 2010
Posts: 86

Post: #5   PostPosted: Thu Feb 02, 2012 8:17 pm    Post subject: Reply with quote

Thanxz a lot for guidance, plz dont say sorry.
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