KSR010

BHARAT ELECTRONICS (NSE:BEL)

Long
NSE:BEL   BHARAT ELECTRONICS
This particularly, is a very good stock to buy as per my study
With a good combination of technical and fundamental indications this looks a good stock.

Technical aspects:-
  • Trendline (Uptrend)
    Dynamic support of averages in multiple time frames
    Retracement levels From 0.618
    Breaking a resistance.

Fundamental Aspects:-
Market Cap:-33200cr
PE:- 18.5
pros:-
Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 38.45%
Cons:-
Company has high debtors of 189.26 days.
Promoter holding has decreased over last 3 years: -15.58%
Comment: Formaing a double bottom good confirmation for upside
Comment: very good potential for an upside move because it has tested a 0.5 retracement

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out