BEL – Trendline Breakdown & Supply Zone Rejection | Bearish SetuBEL has rejected strongly from the higher-timeframe supply zone around ₹425–₹430, followed by a clean trendline breakdown. This breakdown signals weakening bullish momentum and opens the door for a deeper correction.
📌 Key Highlights
Strong rejection from the major supply zone.
Clear trendline break, indicating a shift in structure.
Price currently hovering near ₹408–₹410 support.
Expecting a pullback before continuation.
🎯 Entry Plan (Breakdown + Retest)
🔽 Preferred Entry Model
1. Breakdown:
Price breaks below the minor structure at ₹406–₹408 with a strong bearish candle.
2. Retest:
Wait for price to pull back toward ₹408–₹410 (previous support → now resistance) OR a retest of the broken trendline.
3. Entry Trigger:
Enter short only after a bearish rejection (wick rejections / bearish engulfing / breakdown of retest low).
📍 Ideal Entry Zone:
₹400 – ₹403
🎯 Targets
TP1: ₹395
TP2: ₹382
Final Target (HTF Demand): ₹360 – ₹365
❌ Invalidation
Setup invalid if BEL reclaims ₹425 and sustains above the supply zone.
📈 Bias
Bearish as long as the price stays below the breakdown zone and the trendline.
BEL
BEL (Bharat Electronics Ltd) – Ascending Triangle Setup 🟢 BEL (Bharat Electronics Ltd) – Ascending Triangle Setup | Breakout Watch 🚀
📊 Chart Setup:
BEL is forming an ascending triangle pattern on the daily chart — a bullish continuation setup. The breakout level is around ₹435. Confirmation will come with a daily close above ₹435.
🔹 Targets: ₹455 / ₹480
🔹 Support: ₹408
🔹 Pattern: Ascending Triangle (yet to break)
🔹 View: Wait for confirmation candle close above the resistance zone for sustained momentum.
💼 Fundamental Update – Q2 FY25 Results 🛰️
BEL posted strong Q2 numbers beating estimates across all metrics:
• Net Profit: ₹1,285 Cr ↑ vs Est ₹1,143 Cr — Beat
• Revenue: ₹5,764 Cr ↑ vs Est ₹5,359 Cr — Beat
• EBITDA: ₹1,695 Cr ↑ vs Est ₹1,482 Cr — Beat
• EBITDA Margin: 29.42% ↑ vs Est 27.7% — Beat
➡️ Strong all-round performance with robust revenue growth and healthy margins, adding confidence to the bullish setup.
📈 For educational purpose only. Not a buy/sell recommendation.
BEL (Bharat Electronics Ltd) – Technical SetupPattern: Symmetrical Triangle breakout visible on the daily chart.
Breakout Confirmation: Price has moved above the triangle resistance trendline with rising volume.
Targets (Fibonacci-based):
1st Target: ₹435
2nd Target: ₹480
3rd Target: ₹512
Stoploss: ATR-based, below support zone (~₹395–₹400).
---
🔎 Multi-Timeframe Check
Daily: Strong breakout setup with RSI > 60, MACD crossover supportive.
Hourly: Needs sustained close above breakout for confirmation.
Weekly: Still consolidating → needs alignment for a stronger positional view.
---
🌍 Macro Drivers
Sector Theme: Defense + Infrastructure remain in focus.
Policy Tailwind: “Make in India” defense push supportive for long-term growth.
Global Context: Rising defense spending globally adds sentiment support.
---
📝 Reflection / Post Context
"BEL is showing a symmetrical triangle breakout on the daily chart, backed by volume and positive momentum. While hourly/weekly charts are yet to fully align, the macro backdrop of defense and infrastructure support the bullish bias. ATR-based stoploss below ₹400, with upside targets at ₹435, ₹480, and ₹512."
Bharat Electronics Ltd. - Stock AnalysisDate : 16-Sep-2025
LTP : Rs. 402.90
Technical View:
• NSE:BEL is in primary uptrend since Apr 2025 and was recently going through it's secondary downtrend within primary uptrend.
• From it's all time high of 436 on 1-Jul-2025, it has retraced 17% to 361.20 on 28-Aug-2025 which is also close to Fibonacci retracement level 0.382 placed at 367.00.
• NSE:BEL has breakout from it's secondary downtrend with higher than average volume on 10-Sep-2025. Volume has also increased in last few sessions.
• NSE:BEL has closed above 20 DEMA and 50 DEMA on 10-Sep-2025 and is trading above 20 DEMA and 50 DEMA since last few sessions. 20 DEMA has also crossed over 50 DEMA on 16-Sep-2025.
• MACD has crossed over 0 and entered into bullish zone. It is trading at 2.58.
• RSI has crossed over 50 and trading in buy zone at 66.02.
• Looking good to start a new swing from here.
• Resistance Levels : (R1) Rs. 436 --> (R2) Rs. 480
• Support Level : Rs. 361
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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.
Elliott Wave Analysis & Technical Cross-VerificationsHello Friends, Welcome to RK_Chaarts,
Today, we're going to learn how to validate our Elliott Wave analysis by identifying additional factors that support our directional bias. Once we've plotted our Elliott Wave counts and identified a direction, we want to confirm whether other technical indicators and patterns align with our analysis. This helps strengthen our conviction in our directional bias and provides additional confidence in our trading decisions. Today, we'll explore some key points, including Elliott Wave theory, Exponential moving averages, Trend line breakouts, and Invalidation levels, as well as projected targets. And please note that this post is shared solely for educational purposes. It is not a trading idea, tip, or advisory. This is purely an Educational post.
Elliott Wave Theory structure & wave Counts
Here chart we are using Nifty India Defence sector, which is an index chart. We are analyzing it using Elliott Wave theory. It's very clear that from the March 2025 bottom, we've identified a clear Wave (1) Wave (2) Wave (3) and Wave (4) and now we've started Wave (5) of Intermediate degree in Blue.
Projections of wave (5)
According to the theory, the projected target for Wave (5) is typically between 123% to 161.8% of the length of Wave (4). So, we can at least assume that the price will reach 123% of Wave (4)’s length, and the price will move higher from here.
Trendline Breakout
The trend line breakout also confirms this. Since Wave (4) moved downwards, Wave (5) should move upwards, indicating a potential upward movement in price. This is a positive signal and a possibility.
Dow Theory confirmation of Trend changed
Additionally, we can see that in the daily time frame, the price has recently completed Wave (4) and formed a higher high, followed by a higher low, and then another higher high, along with a trend line breakout, which we've marked with a rounded ellipse on candle on the chart.
According to Dow theory, this formation of higher highs and higher lows, along with the trend line breakout, indicates that the index has the strength to break through resistance. These two factors strongly support our Elliott Wave projection, which suggests that the price will move upwards. The chart is looking bullish, indicating that a swing has been activated upwards from here.
Exponential Moving Averages
Furthermore, we can see that the price is trading above the 50-day exponential moving average (EMA) in the daily time frame, as well as above the 100-day EMA and the 200-day EMA. These three EMAs are major indicators, and the price is sustaining above all of them. This is also a very good positive sign that supports our view and this scenario.
Supporting Indicators
MACD
RSI
Some Hurdles to cross yet
Finally, we can see that the Zero B trend line, which is coming down from the top, has not been crossed by the price yet, and there has been no breakout. Additionally, we have drawn a trend line connecting the high of the third wave and the low of the fourth wave, which initially acted as resistance and later as support. This trend line is also approaching the same level as the Zero B trend line. So, we have two resistances converging at the same point, which the price has yet to break out of.
This could potentially be a hurdle, and it's possible that according to the Elliott Wave count, Wave (5) will arrive with five sub-divisions, which could lead to a retest of the previous trend line or a Retracement before moving further upwards.
Invalidation Level
According to Elliott Wave theory, the nearest invalidation level is the low of Wave (4), which is currently at 7368, and this level should not be breached. If it is, it will lead to a lower low, which would be an invalidation of the Elliott Wave count.
Overall, the chart of this index looks very promising and bullish. As we all know, the market can be unpredictable, but if this invalidation level is not triggered and the price doesn't break down, then the chart may move upwards with strength. This entire analysis that we discussed is for the Nifty India Defense index chart. Please note that this is not a trading tip or advice, but rather an educational perspective that we shared. Also, keep in mind that the Nifty Defense index is not tradable, but it does provide insight into the market's direction.
This post is shared purely for educational purpose & it’s Not a trading advice.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
BEL Stock Trade Above 50 EMABEL Stock show technically strength
If you want to plan a trade in BEL stock here, then we will take entry around 382. Here we will keep Stop loss 370 and the target is around 430 but what is this target, it will take some time. It will not come in 1, 2 or 7 days. What do we have to do in this, we will have to give a month's time. Okay. If you enter the trade, then you must do your analysis first.
BEL Triangle PatternA long position can be taken in BEL if it breaks out this triangle pattern.
Entry- 383 - 381
Stop Loss- 377
Target- 390, 395, 400
Reason- After a good consolidation BEL has made a triangle pattern. A breakout from the pattern can give a good move.
Disclaimer- This is just for educational purpose. Please take advice before making any decision.
Jai Shree Ram.
How to Trade ATH Stocks: Harness Explosive Trends with ADX !(BEL Case Study)
NSE:BEL (Daily) - Bull Flag at All-Time Highs
📈 Key Observations
ATH Breakout Confirmed:
Price smashed through ₹340.50 previos ATH, hitting a historic high of ₹393.50.
Consolidation in a tight bull flag (₹378.50–393.50) after a 28.97% surge – classic bullish continuation setup.
ADX: Your Trend Compass 🧭
ADX at 43.95 signals a powerful, directional trend (Readings >25 = strong trend; >40 = explosive momentum).
Ignore oscillator noise: Trends trump RSI/MACD in parabolic moves.
Pattern > Oscillators:
Bull Flag Priority: The pattern’s integrity (lower volume consolidation) outweighs short-term RSI(79)/MACD wobbles.
🚀 Trade Strategy: Trend-First Framework
✅ Entry & Targets
Trigger: Daily close above ₹393.50 (flag resistance).
Add: Retest of ₹393.50 as support.
Targets:
Short-term: ₹420 (5% above ATH)
Measured Move: ₹482 (ATH + pole height: 393.50 + 88.20)
⚔️ Stop-Loss
Conservative: ₹378.50 (flag low breach).
Aggressive: ₹385 (tight stop, honors consolidation structure).
📊 Position Sizing
Risk ≤1% capital per trade.
Reward/Risk Ratio: 4:1 (₹482 target vs. ₹378.50 stop).
💡 Why ADX Trumps RSI/MACD at ATHs
RSI/MACD are lagging in strong trends:
RSI overbought ≠ reversal – it’s fuel for momentum stocks.
MACD crosses often "whipsaw" in high-ADX environments (BEL’s ADX >40 invalidates bearish MACD signals).
ADX is proactive:
"Trends persist until ADX rolls below 30" – Focus on price, not oscillator fears.
🌐 Sector & Fundamental Tailwinds
Defense Sector Strength: India’s capex boost; BEL’s order book increasing.
Institutional Conviction: FIIs increasing stake.
🛡️ Risk Management Checklist
✅ Trade only on confirmed close above ATH.
✅ Use ADX >40 as a momentum green light.
✅ Trail stops at 20-DMA (₹365) once +10% profit.
Chart Markup:
Blue line: Bull flag Resistance at ₹393.50.
Red Line: Bull Flag Support ₹378.50
ADX(14) subchart with 40+ threshold highlighted.
💎 Final Thought: ATH breakouts are trend accelerators, not tops. BEL’s bull flag + ADX >40 frames a high-probability continuation play. Stick with the trend until ADX says otherwise.
Boost this idea if you’re tracking BEL’s breakout!
Follow for high-probability ATH trade setups.
⚠️ Disclaimer
"This is NOT financial advice. Trade at your own risk. Past performance ≠ future results. Always conduct independent research and consult a SEBI-registered advisor. The author holds no position in BEL at time of publication."
BEL hits key level, a cool off ahead before next leg up?Bharat Electronics is unfolding a clean impulse. After completing Wave ii at 304.80, price surged into Wave iii, which has now reached the 1.618 Fibonacci extension near 410. Interestingly, while price made new highs, RSI is showing early signs of bearish divergence, hinting at a possible Wave iv pullback. The retracement zone between 385 and 370 may act as support before the uptrend resumes. As long as price holds above 319, the bullish structure remains valid.
Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Aerospace & Defence bullish flag breakoutCreated custom index with following scrips. BDL, BEL, BEML, COCHINSHIP, DATAPATTNS, HAL, SOLARINDS. These are some major aerospace-defence companies. This custom index gave a bullish flag breakout. Huge upside potential based on flag pole as target. Pivot R1 itself has approximately 34.5% upside potential.
BEL (Bharat Electronics Ltd.) Cup and Handle pattern DailyHere's the **analysis** for **BEL (Bharat Electronics Ltd.)**
Need to close above 306 for confirmation
---
### 🏭 **BEL (NSE) Technical Analysis**
1. **Pattern Observed:**
- Clear **Cup and Handle** pattern.
- Breakout happening **around ₹305**.
- Also, a **falling channel breakout** is observed (yellow parallel lines).
2. **Key Levels:**
- **Breakout Zone:** ₹305.
- **Current Price:** Around ₹305.
- **Resistance Levels:**
- ₹340 (intermediate resistance — recent swing high).
- **Major Target:** ₹369-370 zone (based on the cup height projection).
- **Support Levels:**
- ₹290 (handle low).
- ₹265-270 (channel mid-support).
3. **Volume Confirmation:**
- Good volume surge during the breakout, confirming buyer strength.
4. **Target Projection:**
- Height of Cup = ~₹64.
- Projected Target = Breakout Price + Height
- ₹305 + ₹64 ≈ **₹369** (aligned with your target).
5. **Trend Strength:**
- Breakout from a **long consolidation range** (almost a year).
- Momentum could stay strong if ₹305 holds.
---
### 📈 **Summary**
| Aspect | Detail |
|:------|:-------|
| Pattern | Cup and Handle + Falling Channel Breakout |
| Breakout Level | ₹305 |
| Immediate Target | ₹340 |
| Major Target | ₹369-370 |
| Support | ₹290, ₹270 |
| Bias | **Strong Bullish** |
---
### 📋 **Trading Idea (Example Setup)**
- **Entry:** ₹305-310
- **Stop Loss:** ₹288 (below handle low)
- **Target 1:** ₹340
- **Target 2:** ₹369
Risk-Reward is favorable (approx 1:3).
---
Bharat Electronics cmp 303 by Daily Chart viewBEL Bharat Electronics cmp 303 by Daily Chart view
- Support Zone 265 to 272 Price Band
- Resistance Zone 305 to 311 Price Band
- Falling Resistance Trendline Breakout attempts in progress
- Bullish Rounding Bottoms repeated with a false breakout in between
- Resistance Zone neckline acting as a strong hurdle to pass for fresh breakout
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
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






















