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...
Short 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...
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...
Bharat Electronics Ltd - 25.02.2022 The stock is trading @ 200 levels There is a SUPPORT @ 187 levels There is a RESISTANCE @ 209 levels The prices are at EMA One can initiate a buy position above 202 with support @ 195 watch out for the price action
NSE:BEL Observations: 1) On 1 day time frame, we can see it closed just below 100EMA on daily time frame. 100EMA is placed at 202.62 level. If it trades above it the we can see bounce back from here. Immediate support is at 200 level. As per recent history, it has very low tendency to trade below 100EMA. Please refer below chart : 1day Time Frame. ...
Bharat electronics either it breaks the box above or touches the bottom of the box.
NSE:BEL Most of levels and trade setup remains same as previous. Trade Setup for 28-01-2022 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...
NSE:BEL Trade Setup for 27-01-2022 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...
NSE:BEL Trade Setup for 21-01-2022 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...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Keep watch on Bharat Electronics Ltd for volume breakout now. very good base created for upmove
NSE:BEL Observations: 1) On 1 day time frame, we can see it just took support from 50DMA. 50DMA is immediate supprot and is placed at 208.57 level range. Please refer below chart : 1 day Time Frame. 2) On 15min time frame, we can see formation of double bottom pattern. Breakout level range is 211.55-212 level. If it gives breakout of this range then...
NSE:BEL Observations: 1) On 1 day time frame, it traded above 21DMA and also gave breakout of 50DMA with good volume. Immediate breakout level is at 210 Please refer below chart : 1 day Time Frame. 2) Also on 1 day time frame, it is making double bottom pattern. Please refer below chart : 1 day Time Frame. ------------------------------------- ...
bullish view on bel good below 195 as per option chain showing high pcr means strong support and resistance on 210 for dec expiry.its just study please analyse n dont trade on it.if u like this please comment.
NSE:BEL Trade Setup for Date: 24-12-2021 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...
NSE:BEL Observations: 1) On 1day time frame,after 2 days of trading below 50DMA it managed to closed above 50DMA but it closed just below 21DMA. 21DMA is placed at 209.02 50DMA is placed at 207.65. 50DMA will work as support now. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, it made double bottom pattern. Immediate resistance is...
bel chart analysis for intraday and swing trading other info given on chart