tradethetip

BEL | Inverted Head & shoulder Breakout 🎯

Long
NSE:BEL   BHARAT ELECTRONICS
positional Trading opportunity ! Weekly Chart Alert !!!

--Buy Above =126 or CMP
--Target = 157 | 190
--Stop-loss = 105
--R:R = 3.16
--Expected Profit = 50 %
--Expected Holding = 3 months only

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Technical Reasons to trade or Strategy applied :-

1) Bel has formed inverted head & shoulder Pattern
2) breakout happened & can retest
3) volume is too good
4) target is also based on resistance zones

Guys check out the related ideas as well, it will work really well GUARANTEED !

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Comments

Hey, love your analysis.
Wanted to know, how do we predict the upside movement for a stock.
thank you in advance
+11 Reply
tradethetip pranshusingh001
@pranshusingh001 thank you for the lovely comment... volume plays a major role in the movement of stocks.... for other doubts ping me
+5 Reply
my entry @115 😁

still holding.....

thanku for sharing your view...
+4 Reply
tradethetip ANKITHSHAJU
@ANKITHSHAJU, i happy for your profit ...keep minting
+1 Reply
ANKITHSHAJU tradethetip
@tradethetip, 😊
+1 Reply
no idea why it is going down now .. might be indecision or something else
+1 Reply
tradethetip rahulverma3183
@rahulverma3183, yeah no problem , keep holding & reduce your stop-loss
Reply
this will work, i m in this too
+1 Reply
tradethetip rachanak
@rachanak, got the double confirmation , to stay bullish in it
+1 Reply
rachanak tradethetip
@tradethetip, 👍😊
+1 Reply
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