BEL 1 Hour Frame

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📊 BEL Intraday 1‑Hour Levels (Approx)

Current Price Range (Indicative): ~₹415–₹433 on the NSE (recent live data)

🟩 Support Levels

S1 (First Support): ~₹412–₹411.9

S2 (Second Support): ~₹408–₹407.9

S3 (Third Support): ~₹404–₹403.9
(Below these, deeper support can emerge closer to ~₹395 area on broader intraday)

📈 Pivot / Reference

Pivot Point: ~₹415–₹416 area — often used as the intraday “balance” level.
If price stays above pivot → bullish bias; below → bearish bias intraday.

🟥 Resistance Levels

R1 (First Resistance): ~₹419–₹420

R2 (Second Resistance): ~₹423–₹424

R3 (Third Resistance): ~₹427–₹428+
(Above these, further strength can aim toward recent highs close to ₹430+)

📌 How to Use These Levels

Bounce trades: Buy near support zones (S1/S2) with tight stops if price shows rejection candles around those levels.

Breakout trades: Upside break above R1/R2 levels with volume can signal continuation.

Pivot strategy: Price above the pivot suggests short‑term positive bias; below it suggests caution/tactical selling.
(Note: intraday pivots are most effective with volume + confirmation from candles)

⚠️ Important Reminders

Intraday levels change fast — these are approximate estimates based on recent pivot and support/resistance calculations (not real‑time live quotes).

Use alongside indicators like RSI, MACD, VWAP, and moving averages for confirmation.

Always have a stop‑loss based on your risk tolerance before trading.

Disclaimer

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