Today, after almost 5 months of consolidation, the stock price of BEL gave a breakout above 228. Buy zone between 228 and 240, with retracement support at 227. Stop loss alert if price breaks below 217. Probable target: 277. RS is outperforming the benchmark, hence strong stock. Note: Always define your stop-loss | Not a buy/sell recommendation, but personal analysis
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. ...
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...
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. ...
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...
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...