BEL Buy @113Bharat Electronics
CMP 113
Target 125/140/155++ SL 98
Time frame 1-3 months .
Overview :
Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products/systems for the defense requirements, as well as for nondefense markets.
The Company's principal products/services include weapon systems, radar and fire control systems, and communication. Its defense products include defense communication; radars; naval systems; command, control, communications, computers, and intelligence systems; weapon systems; telecom and broadcast systems; electronic warfare; electro optics, and solar photovoltaic systems. Its nondefense products include turnkey system solutions; civilian radars; e-governance systems, and homeland security.
Quick Fundamentals
Market cap : 27582.23 cr
EPS 6.84
PE 16.55
Book Value 41.53
BEL
BEL @ 90 - ANALYSIS FOR SWING & INTRADAY TRADERSWait for BEL to give a clear indication before taking the trade.
Their is not much to say since the chart the explains it well!! So trade accordingly
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
BEL 50% upside in 6 monthsDate: 19 July 2020
BEL (CMP 98)
Rounding bottom formation taking shape since the last 6 months. I will be keenly watching this stock. Looks promising for a 50% upside if the price breaks out the resistance of 105.
Target- 125, T2- 145, T3- 160; SL- 80
Target Duration- 6 to 7 months
Target date: 31 Jan 2021
BEL SHORTI hope you can now see how BEL represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . U+1F60D
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BEL diversions | BEL trade Setup | Technical Analysis in HindiHi guys this is Trader Kanishk
In this analysis of BEL i have discussed :
Why not to go long more
why i am closing BEL trade
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
BEL - Elliot Waves Correction On-GoingElliot Impulsive waves fit the Fib levels perfectly as drawn on chart.
Corrective waves are not on.
Hypothesis 1 & Positional Idea:
Wave B is complete. So Short below 96.5 for 90.
Hypothesis 2 & Positional Idea:
Wave B is not complete. Go Long above 100 for 102.5
I tend to prefer Hypothesis 1!
Bharat Electronics BEL in Fourth Elliott waveBEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90
Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This analysis may not be suitable for all investors consult with your financial advisors before investing.
BEL, The Bearish Bat Pattern with Reversal 111 nearby.The Bearish Bat Pattern:
A B point that is less than a 0.618 retracement , preferably a 0.50 or 0.382 of the XA leg . In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance.
Resistance 109-112 For targets 97 & support.
BEL - Long call_Target 97.6519 June 2020
BEL : CMP 80.05
Inverted Head and Shoulder pattern is completed today. The breakout candle with strong volume buying from the last 3 sessions confirms the pattern.
BEL is in the business of Aerospace and Defense manufacturing. Amid India-China stand-off in eastern Ladakh, the government is considering a proposal to buy 21 Mig 29 and 12 Sukhoi Su-30 MKI fighter aircraft from Russia, according to a government source. Please read the news on google.
Buy for target of T1 - 84.50, T2 - 91, T3 - 97.65; SL - 73
Duration - 31 Aug 2020