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BEL

Simple Trade Setup | BEL | 23-05-2022 [INTRADAY]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 time frame. 2) On 15min Time frame, we can see kind of cup and handle pattern Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 23-05-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BEL
by Trading_hawk
Bharat Electronics breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop after a consolidation since November 2021, NSE:BEL has given a high volume breakout today. December quarterly sales were up 59% and December quarterly profit were up 114%. Buy with a stop just below Rs.216. Other fundamentals: 1. Average ROE call last 3, 5, 10 years have been greater than 15%. 2. Debt to equity at 0.00 (less than 1 is good), Interest Coverage at 559 (greater than 3 is good), FCF to CFO at 47%. 3. FII stake increased from 7.86% in June 2020 to 17.21% in December 2021. 4. press release issued on April 1 2022 states that Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of about Rs. 15000 Cr (Provisional & Unaudited), during the Financial Year 2021-22, against the previous year's turnover of Rs. 13,818 Cr, despite challenges posed by the COVID-19 pandemic and global semiconductors shortage. BEL's Order Book as on April 1, 2022, is around Rs. 57000 Cr. In the year 2021-22, BEL secured significant orders worth (approx.) Rs. 18000 Cr. Some of the major orders acquired during the year were Avionics Pack for Light Combat Aircraft (LCA), Advanced Electronic Warfare Suite for Fighter Aircraft, Instrumented Electronic Warfare Range (IEWR), Electronic Voting Machine (EVM) & Voter Verifiable Paper Audit Trail (WPAT), Cdr TI- T90 Tank, COMINT System, Radar Warning Receiver (RWR) & Missile Approach Warning System (MAWS) for C-295 Programme, Electronic Gun, IoT Gateway, etc. 5. Among the defensive stocks that are characterised by strong balance sheets, quality earnings, and reasonable growth, Bharat Electronics (BEL) offers a good value in the light of the volatility in the market and its attractive valuations. At the current market price of Rs 235, it is trading at 18 times its fiscal 2023 estimated earnings along with a dividend yield of close to 3 percent. Valuations also look reasonable in the light of improving business and growth opportunities.
NSE:BELLong
by akashbothra
Simple Trade Setup | BEL | 25-04-2022 [INTRADAY]NSE:BEL Observations: 1) On 1day time frame, we can see that it has been giving closing in range of 250-255. Breakout on any side will give good move. But since last 4 days it has been observing selling from higher levels. Please refer below chart : 1day time frame. 2) On 15min Time frame, we can see that it has been trading below support channel now but still in range of 250-255 range. We can also draw short term resistance channel. Breakdown of 250 will invite more selling and breakout of 255 with resistance channel will invite more buying. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 25-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BEL
by Trading_hawk
YR 2022 Idea #31: Long on BEL This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
NSE:BELLong
by onerighttrade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBHARAT ELECTRONICS Stock good support at around 190 levels & also stock up by 6.01% v/s NIFTY 50 down by -7.85% in last 1 month With recent global news like sanctions on Russia and China has increased defense budget and India must follow all these must suit BEL, should raise on more orders. Save bet to enter if it breaks the trend line just above 215/220 levels With SL of 205 for short term and 195 for long term play. Target will be 225-230-240 Buy for investment purpose for 25% return in near term or more Note: Above levels for education purposes only Do your own analysis before taking any trade
NSE:BELLong
by Jordan_n-
Intraday Trade: watch for trendline breakout buy above 220 in intraday For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:BELLong
by stockkar
Short Market Report 02.03.22Short market report Both indices closed in red (though nifty posted a green candle) with a long legged dojo indicating some buying pressure. The buying pressure indeed came at the end of the trading session owing to a news of probabilities of talks between Russia and Ukraine which was confirmed by Kremlin. No one saw this coming and bears have been punished without mercy owing to the short covering its started. The short covering this time affected put buyers more than call writers as the amount of contracts in puts just dropped off a cliff. Those call writers who went in too close being over confident by their conviction have paid the price and Banknifty just managed to get a 700 points rally. These kind of moves have become daily affair at this point. CHART Gap down; both indices closed in red; green doji nifty; red doji banknifty; massive short covering after 3 pm OC 16500-16700, 35000-35500 PCR bearish FII -4338 DII 3061 FnO Data long Build up in both indices RSI 39; 37 ADX 26; 21 Conviction Bullish Bias Bullish TRADE sell 35000 PE Expect a gap up opening tomorrow if we manage not to get any bad news till market opening. Sell 35000 PE and calls above 36600 Recently, the defence sector has got a good traction and one of my good friends has the same view. HAL and BEL getting the focus as of now. These stocks can be considered for the long side with moderate risk
NSE:BANKNIFTYLong
by daerontrading
Simple Trade Setup | BEL | 28-02-2022 [INTRADAY]NSE:BEL Observations: 1) On 1day time frame, it is sustaining above 200DMA and take support from it in friday session. 200DMA is major support at this moment. it is again back in big range. 200DMA is placed at 191 level range. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see a descending parallel channel. Please refer below chart : 1 hr Time Frame. ------------------------------------- Trade Setup for 28-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BEL
by Trading_hawk