bellong

moneyfesttrading

#BEL #trendingstock #breakout BEL : Good Trending stock >> Good VCP at top and ready for a new breakout >> Good Strength in stock & Decent Volumes >> Potential of Minimum 1:2 Risk Reward or more >> Levels mentioned on chart SWing Traders should focus on 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep...

ShelendrAgrawal Updated 

📈 BEL 📉 My Findings :- 1. In Consolidation Since Last Six Months. 2. Breakout from a Swing High and Resistance Both at the same time. Bias- Long Target- 270 and 300 SL- 205 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer :...

finogent Updated 

NSE:BEL shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 1: 226.55 Target 2: 232.85 Stop Loss: 217.50 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our...

Trading_hawk

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...

Trading_hawk Updated 

NSE:BEL Observations: 1) On 1 day time frame, it has been trading inside parallel channel and immediate support trendline is middle line of the parallel channel. Breakout of upper trendline of parallel channel will give good up move. Please refer below chart : 1day Time Frame. 2) On 1 day time frame, if we apply the FIB levels then we can see that the...

Trading_hawk Updated 

NSE:BEL Observations: 1) On 1 day time frame, it is just at very critical support level 200. If it gets support from here then it has chance of reversal to go up again. But since last 2 days it has been taking resistance from 21DMA. Which is a sign of downtrend. So we can say, it is between support and resistance. Brekout on either side will give good move...

abinash97

Low-risk swing trade in BEL in 1 hour TF. entry at 210-211 range with SL below 207.

abinash97

BEL looks good for swing and intraday players above 204. Breakout of ATH long term resistance -- retest and continuation can be seen on the daily chart.

Rajeshaprince

BEL Given Breakout one can take long position as per their risk profile

kalyanganguly

Note: This is for educational purpose only. There seems to be a Inverse Head & Shoulder breakout in BEL with increase in volume. Moreover, RSI above 65 indicates bullish momentum. Buy in dips till 122.5₹. SL = 105₹.

JohnWickTrader_007

A Head & shoulder pattern formed on higher Time Frame Long after 130 1st target - 142 This is for study Purpose Only.

kalyanganguly

Note: This is for educational purpose only. There seems to be a W pattern breakout in BEL with high buying volume. RSI in daily chart is above 80 so there would be some consolidation before further upmove.

Stock_Yard

everthing mentioned in chart

BlackPearlA Updated 

Please Consult Your Financial Advisor Before Taking Any Decision. Educational Idea NSE:BEL long setup on 1h zone, entry at 92.65 with 1 point SL and 2 point TP Note: Always risk 1% of account size per trade, adjust the position size accordingly.