Long BHEL above 80

BHEL is making inverted head & shoulder pattern on daily time frame.

Also on weekly basis , inverted head & shoulder can be drawn (right shoulder with slight more deep due to volatility).

One can go long BHEL above 80 with target of 91, 105 ,120+. Stop loss can be at 63. Time frame 3 months.

RSI is favorable, MACD also becoming favorable. Price taking support on DEMA 9.

If earning comes out to be good then we can see BO on charts.