anybody has an idea whats the trigger for this move?
Almost everything will be in public domain in a couple of days, more so with well known stocks. So if you want to take a trade, there will be a lot of information.
I don’t know but my guess is, they may have got big orders, or it could be related to someone buying a stake. These could be true or just news, as you know price increases also on news, people don’t wait till it really happens.
You mean fakeout? @yolotrader
he is yolo trader for a reason
I, for once, am with @yolotrader bhai. BHEL might be headed to 75-80 levels or much higher.
Disc. : No position, but planning to add
News is in favour of this stock - PM Modi's Nuclear Power Push Gains Traction With New Plants on Way
There is nothing like real breakout in this stock . Don’t get trapped .
Are you real yolo or jst profile yolo?
Tell us your yolo trades, if any.
BHEL @ 64 now
Inched up more than 12% in a month when market is not performing that well esp mid n small caps.
Relative strength is definitely visible.