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ReviveTraders
Jan 11, 2021 7:39 AM

BEL | Inverted Head & shoulder Breakout 🎯 Long

BHARAT ELECTRONICSNSE

Description

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β­• positional Trading opportunity ! Weekly Chart Alert !!!β­•

--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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β­•Technical Reasons to trade or Strategy applied :- β­•

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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✍COMMENT Below your view !

Comment

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stock is coming for the retracement , so those you missed the chance to enter can find the good opportunity to enter again, good luck

Trade closed: target reached

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1st TGT HIT

Comment

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Heading towards 2nd TGT , keep holding

Comment

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About to achieve the TARGET

Comment

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Start booking your full PROFIT CMP 184

Trade closed: target reached

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

still holding.....

thanku for sharing your view...
ReviveTraders
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@ANKITHSHAJU, i happy for your profit ...keep minting
ANKITHSHAJU
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@tradethetip, 😊
mukeshsingh92
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Again you and me are same in opinion....... i have bought BEL dip today......... and have sold 125 put option....too
ReviveTraders
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@mukeshsingh92, ohhhh , that's seems good , keep sharing your point of view
rahul3183
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no idea why it is going down now .. might be indecision or something else
ReviveTraders
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@rahulverma3183, yeah no problem , keep holding & reduce your stop-loss
sankhyainvestments
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this will work, i m in this too
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