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padiyara
Jun 16, 2017 8:23 AM

BEL:168 support 154 (oR) strong resistance at 187. 

BHARAT ELECTRONICSNSE

Description

Bharat' Electronics Ltd:168.00 (onRequest)
Correcting now an 86 point up swing, having support at mid channel,
around 154, that is exactly a 38% of the current upswing. Strong support 142.
The numbers are good,but 187will remain strong resistance.
Market Cap.: ₹ 37,290.42 Cr.
Book Value: ₹ 46.00 PE: 24.00
ROE: 15.6% Quick ratio: 1.28
Dividend Payout: 30.0%
EPS: ₹ 6.90
Price to Cash Flow: 16.55

Comment

At support now

Comment

strong support was 142 and then the resistance remain 187
Comments
vijayan0018
Dear Jacob,
aban,blue dart,abbott
padiyara
@vijayan0018,
Aban trouble is not yet over, the support is at 130


Bluedart can come down to 3250 level



Abbott India Ltd:4210
Trading in a long term Falling wedge.
Correction seems to be over at 3988.
Trading above 4354 stock can go to 4550 an 4835
vijayan0018
@padiyaraa,
thanks lot
vijayan0018
What about Dabur?
padiyara
@vijayan0018,
Dabur is trading in a raising wedge/ triangle, will find resistance around 319.
And again it can correct to bottom trend line 265 level.
vijayan0018
Thanks
dunde_venu
Thank you
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