March 13, 2014
- Daily chart of BHEL Has an evening star candlestick pattern which will be effective only if price starts to trade below 182 levels.
- Weekly chart also shows strong resistance at 100 Week SMA.
- Above bearish view will be invalidated if price closes the week above the cloud and 100 Week SMA. Bearish below 182. Bullish on closing above 193.
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