BEL - TrappedCurrently - Sideways
Phase Accumulation / Distribution ?
Hurdles post break out / break down 325 / 305 Targets post break out / break down 340 / 290
Plain n simple analysis
BEL
Investment Idea Bharat Electronics Limited (BEL)
BEL stock has been showing a strong uptrend over recent months, driven by consistent earnings growth and strategic government defense orders
BEL, a leader in defense electronics, is perfectly positioned to benefit from India’s growing focus on self-reliance in defense manufacturing. With a strong order book, cutting-edge R&D, and robust financials, BEL offers:
✔️ Consistent Growth: Backed by government initiatives and modernization needs.
✔️ Dividend Returns: A track record of rewarding shareholders.
✔️ Long-Term Potential: Expanding into new markets like AI and space technologies.
Invest in BEL today and watch your portfolio grow with India’s defense dreams! 🌟
#BEL #LongTermInvestment #StockMarket
Bharat Electronics cmp 308 by Daily Chart viewBharat Electronics cmp 308 by Daily Chart view
- Price above EMA 14-21-50-100-200
- Volumes spiking over the past week
- Falling Resistance Trendline Breakout done
- Price Band 284 to 290 acting as Support Zone
- Stock Trading Range 265 to 309 with probable breakout attempts
- Daily Support at 295 > 281 > 265 with Resistance seen at 327 >> ATH 340.50
BEL Intraday 26Nov BEL has given good momentum and retracement.
Can be long as given in chart with SL either previous day low or 13 ema as per risk apetite.
Disclaimer: Only for entertainment purposes, not an investment advice.
Bharat Electronics Ltd. - Breakout OpportunityDate : 27-Nov-2024
LTP : Rs. 307.35
Targets: (T1) Rs. 323 --> (T2) Rs. 340 --> (T3) Rs. 391
SL : Rs. 281
Technical View:
• NSE:BEL is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 340.5 on 10-Jul-2024, it has retraced 24% to 257.45 level.
• NSE:BEL has breakout from it's secondary downtrend with higher than average volume on 27-Nov-2024.
• NSE:BEL is trading above 20 DEMA and 50 DEMA since last few sessions. 20 DEMA has crossed over 50 DEMA on 27-Nov-2024.
• RSI is in buy zone and trading at 64.48. MACD is bullish and trading at 2.36.
• Both RSI and MACD are showing positive divergence.
• Looking good to start a new swing from here.
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Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.
BEL Q2 Growth of 14.8% Signals Potential Breakout, Targeting 340Details:
Asset: Bharat Electronics Limited (BEL)
Breakout Level: Watch for technical confirmation of breakout
Potential Target: 340+
Stop Loss: Below recent support levels or as per individual risk tolerance
Timeframe: Short to medium-term
Rationale: BEL reported a strong Q2 performance with a 14.8% growth, signaling robust financial health. This positive development increases the likelihood of a breakout, supported by improved fundamentals and investor sentiment.
Market Analysis:
Fundamental Support: The Q2 results showcase BEL’s continued growth trajectory, potentially attracting more interest from institutional and retail investors.
Technical Setup: The stock is showing signs of consolidation, with a breakout appearing imminent. Watch for sustained movement above resistance levels.
Price Target:
Based on technical and fundamental analysis, the stock could reach 340+ post-breakout.
Risk Management:
Implement a stop loss near the recent support levels to minimize downside risks in case of a reversal.
Timeframe:
The move toward 340+ is expected over the short to medium term, contingent on sustained buying pressure and broader market conditions.
Risk-Reward Ratio:
With strong Q2 fundamentals and an imminent technical breakout, the setup offers a favorable risk-reward ratio for bullish investors.
Keep an eye on the stock’s price action and volume as it approaches critical resistance levels for confirmation of the breakout.
Is BELUSDT on the Verge of a Bullish Breakout?Yello, Paradisers! BELUSDT is showing bullish signals with a clear Change of Character (CHoCH) and Break of Structure (BOS). Currently, it's approaching a significant resistance trendline and has formed W pattern, both of which heighten the chances of a bullish move.
💎If BELUSDT breaks above the resistance trendline and zone, closing a candle above these levels, it would confirm the W pattern. This would significantly increase the probability of a sustained bullish movement.
💎If we see a retracement, we expect support to hold, potentially providing a bounce. However, to strengthen the bullish case, we'll be watching closely for a bullish Internal CHoCH (I-CHoCH) in this zone.
💎However, If BELUSDT breaks down and closes a candle below the support zone, our bullish outlook would be invalidated. In this case, it would be wiser to wait for a more favorable price structure to emerge before making any moves.
Patience and discipline are essential here. Watch for confirmation signals at these levels, and remember that waiting for the right price action can make all the difference between success and failure in this market.
MyCryptoParadise
iFeel the success🌴
BEL 1D TFAs we discussed in the previous post, NSE:BEL is trading in parallel zone pattern and can break out at any moment.As nifty is also moving up from an support zone I hope the chart will move on the upside. With proper confirmations this trade could be taken with a good R:R.
The link to the previous post is attached below..
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
BEL As stated in the previous post, NSE:BEL is forming a parallel channel pattern which looks like will be broken on the upside. If the market moves upward breaking the pattern with good volume and a good bullish candle a big move could be expected.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:BEL
BEL - Path for the futureCurrently BEL at resistance of 290
Downside trend line support near 277 - 280
Strong area of support at 265 - 268 (SL Area)
Expect 325 - 335 in coming days
BEL - Bharat ElectronicsNSE:BEL
BEL is strong candidate for long term investment. As per my understanding if we consider todays scenario CMP 269 S1 - 260-265 which means if stock start trading below 265 on daily chart then stoploss should be 260. Below this level next support is 220-230.
Disclaimer - Think twice before invest in market
BEL AnalysisNSE:BEL is forming a clear parallel channel pattern in 1D TF which could be traded once broken out..
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:BEL
BEL Stock Trendline BreakoutTrendline Breakout has been done in BEL stock.
RSI is above 50. Stochastic positive crossover and MACD also positive crossover.
Its stoploss is 272 and target is 340.
This study is for educational purpose only and not for recommendation.
First Learn Then Earn.
BEL IS LOOKING BULLISHBEL is looking bullish as its reacted from strong zone. If if closes above 295 more bullishness will be added. These all views are my personal and posting here only for educational purposes. These are not buy/sell recommendations. Better contact your personal financial advisor before go are investing into any stock.
BEL - BearishPrevious Support Area has now turned into strong resistance zone
Expecting stock to resist and fall from here
For downside it may stop near 280 or 270
View negates below 295-96
Bharat Electronics Ltd - Breakout OpportunityDate : 7-Jun-2024
Rating : Buy - Positional Trade
LTP : Rs. 283.20
Targets: (1) Rs. 323 --> (2) Rs. 380
SL : Rs. 241 on daily close basis
Technical View:
• NSE:BEL is in its primary uptrend and was recently going through it's secondary downtrend.
• After touching the high of 323 on 3-Jun-2024, it has retraced 29% to 230 level.
• On 7-Jun-2024, NSE:BEL has broke out from its secondary down trend with high volume.
• Prices are trading above 20 DMA, 50 DMA and 21 DEMA.
• RSI is trading at 56.80 and MACD is trading at 11.63.
• Looking good to start a new swing from here.
• All the above observations are noted in Daily Timeframe.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
Paras, another stock want to dance, setting up well-Long base BO then
Elections results create volatility but
Setting up again:
-Recovered fast with volumes then red candle on low vol n bounced from 10 ema
-Defence stocks are making good setups
-Good shakeout of 21 ema
-tightness
Bharat Electronics Ltd - Breakout OpportunityDate : 17-May-2024
Rating : Buy - Positional Trade
LTP : Rs. 248.2
Targets: (1) Rs. 255 --> (2) Rs. 275 ++
SL : Rs. 221 on daily close basis
Technical View:
• NSE:BEL is in its primary uptrend and also going through it's secondary uptrend.
• Within the current secondary uptrend, NSE:BEL has retraced 9% from top and again started the upward journey from 14-May onwards.
• On 16-May-2024, NSE:BEL has broke out from minor down trend line and on 17-May-2024 it broke the previous 52 week high with very high volume.
• On 16-May-2024, NSE:BEL has closed above 20 DMA and 21 DEMA. Since then it is trading above 20 DMA and 21 DEMA.
• RSI is trading at 70.91 and MACD is trading at 4.34.
• Looking strong to continue the current uptrend.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. Ideas are published for learning purpose only.
Bharat Electronics Ltd - Breakout OpportunityDate : 28-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 201.50
Targets: (1) Rs. 216 --> (2) Rs. 240
SL : Rs. 185
Technical View:
• NSE:BEL is in its primary uptrend since long time and was recently going through it's secondary downtrend.
• After touching the life time high of 216.45 on 11-Mar-2024, it has retraced 17% to 179.10 level.
• NSE:BEL has broke out from its secondary down trend on 21-Mar-2024 with higher than average volume.
• RSI has crossed over 50 on 21-Mar-2024. MACD has crossed over 0 on 26-Mar-2024.
• On 28-Mar-2024 it has closed above 20 DMA.
• Looking strong to start a new swing from here.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Keep an eye on #BELUSDT as it approaches key levels.🚀💎 Paradisers, for #BEL, we may anticipate a bounce from the supportive trendline, especially as the price has shown a Change of Character (CHoCH) towards a bullish market structure, which enhances the likelihood of a bullish move.
💎 If #BELUSDT finds support at the supportive trendline and bullish Order Block (OB), and demonstrates CHoCH and Break of Structure (BOS) on lower timeframes, then a rebound is expected.
💎 However, if there's a breakdown of the bullish OB and supportive trendline, a bearish trend might unfold, but I would prefer to disregard any short-term bearish movements for now.
Moving Averages Crossover - BEL📊 Script: BEL
📊 Sector: Aerospace & Defence
📊 Industry: Electronics - Components
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 Already crossover in MACD .
📈 Double Moving Averages giving crossover.
📈 Right now RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 194
🟢 Target 🎯🏆 - 219
⚠️ Stoploss ☠️🚫 - 183
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Bharat Electronics Ltd - Breakout OpportunityDate : 15-Feb-2024
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP : Rs. 185.95
Targets: (1) Rs. 195 --> (2) Rs. 210 ++
SL : Rs. 178
Technical View:
NSE:BEL has break out from its secondary down trend within primary uptrend. RSI has crossed 50 and MACD is above 0. Indicating bullish sign for coming days.
Company Info:
NSE:BEL is a multi-product, multi-technology, conglomerate that provides products and systems to India's armed forces in areas of Radars and fire Control Systems, Missile Systems, Communication and C4I systems, Electronic Warfare & Avionics, Naval Systems & Antisubmarine Warfare Systems, Electro Optics, Tank Electronics & Gun Upgrades, etc.
Products and Services: ORA Weapon System, Lithium Ion batteries and fuel cells, Renewable Energy, Space Electronics, Network and Cyber Security, Railway and Metro.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
