belanalysis

Trading_hawk

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...

Trading_hawk

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...

Averoy_Apoorv_Analysis Premium

## Just a trade review nothing else provided the amazing analysis on BEL some weeks back, trading levels were intact, a good trader with a good setup and risk manager would have made some bucks in it for sure :), well if you liked it make sure to follow me for some motivation, so that I search more of what I am capable of doing and provide u potential good stocks...

Trade-Technique Updated 

The price movement is currently in the bullish form. At present there is a price rotation in the stock. The stock movement is very slow. The stock still can move down till 86.29 Overall the stock is in the bullish form.