belltd

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, 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...

Trading_hawk

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...

Trading_hawk

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...

Trading_hawk

NSE:BEL Observations: 1) On 1 Day time frame, it took support from 50DMA and closed above critical level 200. Immediate resistance is 202 level range. today's candle gives a sign of trend reversal. We might see an upmove if tomorrow it sustain above today's high, which is above 202.50 level. Please refer below chart : 1day Time Frame. ...

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...