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Might break last swings lows to test 62 levels.
Entry point, Stoploss, and possible targets are marked in the chart.
This is a positional trade. Timeframe 2-3 weeks, may come earlier as well.
BEL - Triangle pattern in the 15 Min time frame
Depending upon the breakout direction can Long or Short
Expecting a short position tomorrow
SL 72 close
Short BEL below 67
BEARISH ENGULFING ON DAILY CHART, LEVELS MENTION CHART
long 120 target
Bharat Electronics buy now
in range of 109 112
T 116 119 125
NSE:BEL - BEL is making higher lows and breakout of trend line resistance can give quick up move.
Script is at good zone to enter for long in range 105-102 for Target of around 123 with strict Stop loss of 100.
Looking to buy the stock for short term.
Hare Krishna !
BEL (Bharat Electronics Ltd) BUY ABOVE 116
BEL can be sold part at 109.60 (CMP) & part at 113 for target of 95 closing SL above 119
#Bharat #Electronics #Nifty
BEL (Bharat Electronics Ltd) BUY ABOVE 107.5
1. flag n pole inverted
2. wait for the bearish signal
4. gave breakout
BEL (Bharat Electronics Ltd) BUY ABOVE 98.55