indiamarketoutlook

BEL: Chart set up and trading strategy

Short
NSE:BEL   BHARAT ELECTRONICS
BEL

Observations:

- Head & Shoulders pattern with stock trading at neck line

Target for the current setup 187

Trading strategy that one may consider:
Buy 200 Put and

Sell 185 Put to reduce your cost


Take care & safe trading...

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be