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.
Check to the chart for more detail and analysis. Happy trading !!! NSE:BHEL
BEL potential reversal zone 190-92 CMP 184 can correct till 165 View Negated above 195 daily close
Harmonic pattern completed in BEL SL previous high target 140
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...
BEL Range Breakout Buy BEL Closing Price - 157.6 SL - 141.9 (WCB) Target - 195
#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...
1. May bounce from trendline. Target - 149 2. May bounce from short term support. Target - 142
This particularly, is a very good stock to buy as per my study With a good combination of technical and fundamental indications this looks a good stock. Technical aspects:- Trendline (Uptrend) Dynamic support of averages in multiple time frames Retracement levels From 0.618 Breaking a resistance. Fundamental Aspects:- Market Cap:-33200cr PE:-...
With proper money management and risk appetite take a trade. Educational Purposes.
Positional Trade ! BEL #BEL Reasons: 1. Inverted Head and Shoulder Pattern 2. Above 200 DMA Target : 185 SL : Day Candle closing below HNS neckline i.e. 112.