Bhai log yahan high chance hai market upar jayega.
bcz last day humne consolidation dekha tha.
Aaj shayad yeh stok sidhe or thoda support leke upar jayega
Buy only if it breaks my rectangle area.
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. ...
BEL ready for breakout TARGET @245
BUY @215
TARGET 250
.................................................
Rationale : As you can see it maintains a support at 200 and resistance at 212. BEL is a very good company having strong fundamentals. So the diminishing triangle is forming with Higher-LOWs and will result a breakout soon.
Long-term investors can buy...
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...
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...
BEL , Long Swing Setup, Very Low on the curve,
- 30 min Quality Demand Zone , inside a Daily Demand Zone.
- A clean 1:5 RR Setup.
Happy Trading
Disclaimer:
Above Stock Analysis is based on Price Action , primarily on Institutional Demand and Supply .
It is for Learning and Understanding Purpose.
Even after a thorough research and Analysis a setup can...
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Daily wide range bullish clear breakout from a 4 year old resistance.
Monthly timeframe rounding pattern breaking out
Momentum and trend indicators showing bullishness on all timeframes.
This is follow-up on Bharat Electronics Ltd. Can check link to related ideas.
Target 5 achieved. More than 63%. Target 6 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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....
BEL has closed an all-time high and testing the resistance near 194, if crossed and sustained above 194 then it can show a good upside till 225
RSI > 60
Has taken box breakout on the daily chart
Short Term Trade Setup:
Entry: 189 to 192
SL: 182
T1 = 205
T2 = 220
Duration = 1 Month
PS: One can add this as investment stock as well for long-term
Note: This is just...
#bharatelectronics #BEL
rounding pattern connecting more than 3 year old resistance and could be a breakout candidate.
momentum bullish and Trend indicator rising on all timeframes. Trade only on confirmation with tight stoploss.
bearish momentum divergence exit on short term.
BEL:
1.rising wedge pattern formed and break out done,
2. minor of trend flug pattern formed price movement wait form confirmation line after buy entry
NSE:BEL
Long Back I gave long side bullish idea on same stock. fortunately long side target done and now its trading above that target but now long side target is 178-180 as one can see in this chart.
let me clear one thing here that whoever holding this stock for very long term they should trail their Stop loss rather book at this resistance or one can book in...
BEL had a wonderful breakout from its channel pattern and it may go up or shall take a small retracement, but the stock is in bullish, so give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock...
BHARAT ELECTRONICS (BEL)
About Company :
Bharat Electronics Ltd. engages in the manufacture and supply of strategic electronic products to defense services. Its products are weapon systems, radar and fire control systems, electro optics and communication, vacuum interrupters, electronic voting, telecom and SATCOM systems, semiconductor devices, microwave...
![BEL: Simple Trade Setup | BEL | 26-10-2021 [ INTRADAY]](https://s3.tradingview.com/a/auZ7mqg1_mid.png "Simple Trade Setup | BEL | 26-10-2021 [ INTRADAY]")
![BEL: Simple Trade Setup | BEL | 18-10-2021 [ INTRADAY & POSITIONAL]](https://s3.tradingview.com/i/IHi6QBEm_mid.png "Simple Trade Setup | BEL | 18-10-2021 [ INTRADAY & POSITIONAL]")
![BEL: Simple Trade Setup | BEL | 11-10-2021 [INTRADAY]](https://s3.tradingview.com/m/mPUZwrvg_mid.png "Simple Trade Setup | BEL | 11-10-2021 [INTRADAY]")
