Date : 28-Mar-2024
Rating : Buy - Positional Trade
LTP : Rs. 201.50
Targets: (1) Rs. 216 --> (2) Rs. 240
SL : Rs. 185
Technical View:
• NSE:BEL is in its primary uptrend since long time and was recently going through it's secondary downtrend.
• After touching the life time high of 216.45 on 11-Mar-2024, it has retraced 17% to 179.10 level.
• NSE:BEL ...
Date : 15-Feb-2024
Rating : Buy (Mid Term as well as Long Term Opportunity)
LTP : Rs. 185.95
Targets: (1) Rs. 195 --> (2) Rs. 210 ++
SL : Rs. 178
Technical View:
NSE:BEL has break out from its secondary down trend within primary uptrend. RSI has crossed 50 and MACD is above 0. Indicating bullish sign for coming days.
Company Info:
NSE:BEL is a...
BEL is forming a Symmetrical Triangle Pattern. As per expectation breakout could happen from 129 level.
After the breakout one can enter around 129-130 level with expected target of 143. Also one should set stoploss at 126.
Pattern is forming on hourly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not...
BEL has formed reverse Head & Shoulder Pattern and gave breakout.
Can be added around 106-108 with expected target of 120 and set Stop loss at 104.
Pattern is forming on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
BEL has completed impulsive wave 5 at 258 and started declining for corrective formation.
BEL has completed corrective wave 5 of C of B at 250 . Now, BEL is forming lower degree's waves of wave C. If it sustains below 245 , BEL can fall for following support levels: 235 - 224 - 215.
Wave C can complete near 100 of wave A at 215 . It is called A=B .
I...
