BHARAT ELECTRONICS LIMITED As Per Daily Chart Analysis Stock Above 290 for Target 300 Happy Profitable Trading ...
as in above chart B.E.L formed a triangle pattern which it further gave an breakout & as per the triangle pattern theory after giving the breakout the price will move upto the height of 1st swing of the pattern, As we can see it moved actually and we are seeing the consolidation phase in the chart which confirm us that the price will be soon be in correction...
NSE:BEL Target 1 and Target 2 achieved in BEL. Based on current strength in the stock. target further revised. Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for...
This is 1D timeframe. After a good bullish rally it went in a consolidation for last 3 months and now showing some strength. 1] Last day it had gave breakout from this bullish pennant pattern, with a strong Bullish Belt Hold candlestick type. 2] It have recently gave strong rejection to bears and have formed bullish hammer at support trendline. 3] Volume...
NSE:BEL #BEL trading bullish consistently and noted ATH with very good momentum. Formed beautiful ascending triangle from support, not pullback ascending and given BO sustainability. Resistance level itself work as support for long players.
NSE:TATASTEEL #TATASTEEL shared yesterday and given BO 2%, potential target marked for referrance. Only for learning and practice. Wish every one bagged good profits !!
Stock Name - Bharat Electronics Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at CMP and more bullishness AFTER it cross the 270. #This is not Buy and Sell recommendation to any one. This is for education purpose and a...
The chart formation is worth a watch in BEL. Key levels to watch are 250 and 260 for strong confirmation on the uptrend. Do always keep a stop loss for your trade, preferably between 5-8%. Also read my previous analysis on BEL... Note: Personal analysis. Not an advise to buy/sell For those looking to subscribe to the pro versions of Tradingview can also use...
ATH level is 259 if price closing above 265. then go long. SL 1%. target 15/17%
Bel gives a breakout large green candle, triangke broken, SL if breaks triangle downside
NSE:BEL Reason for Trade : Triangle Break Out with a Green Big Candle, good Volume Cmp : 245.5 Entry : CMP or Near 243 Stop Loss: According to one's Risk Reward ratio #Study, Learn & Earn. If you love this post please like and comment your thoughts below. That will be a great motivation for me to post similar ideas ahead. Disclaimer: All the information...
BEL-Symmetrical Triangle Pattern Breakout Daily Time Frame .Only Education Purpose.
BEl Share Chart Analysis Triangle Pattern for educational Purpose Only
BEL cmp 244 Can go 260++ Superb triangle breakout Invalid below 225
📈consolidation on predefined horizontal boundaries & very strong chart even index was on sell mode. 💡Holding the trade before BO with gud setup always give u comfort. mega-breakout on the way
CMP: 245 250 acting as a stiff resistance as of now. It may show some move above 250.
Retest of breakout level completed in Bharat Electronics Limited
NSE:BEL Observations: 1) On 1day Time Frame, if we apply Fib from recent low up trend move then we can see that it is near 38.20% Fib Retracement range. Breakout of this level of 238.15-238.35 will be buy trade opportunity for quick target of 240. But still safe buy trade will be on breakout 240 level for positional trader. Please refer below chart : 1day...