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Technicalanalysisbyurmi

BEL : Strong Breakout with Strong Q4 Results 🔥🔥🔥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 and transmitting tubes, solar products and systems. The company was founded on April 21, 1954 and is headquartered in Bangalore, India. Analysis : BEL has formed Cup & Handle kind of a chart pattern on Daily Chart and has given a strong breakout, hits over 3-year high. Strong Q4 Results: BEL reported a strong all-round performance in Q4FY21 despite a challenging environment. Robust order inflows at Rs 15,280 crore, up 15.8 per cent on YoY and order book at Rs 53,434 crore for the year provide good revenue visibility over the medium to long term. Also, strong balance sheet provides confidence about the continued accelerated business trajectory for the company Looking good at CMP for further upside movement :)
NSE:BELLong
by urmilaghelani
IDEA Strongly Bullish ✈🔥🔥🔥IDEA as on 03 Jun 2021 appeared strongly Bullish. it started trending in upward direction as soon as it opened. It generally happens when there's strong positive sentiment in the stock. Makes it attractive. Chances are good of this upward journey continuation. As we can see the stock is making a big green candle today which is sign of strength. One can buy IDEA for a long term investment. Targets :- T1 : 10.5 T2 : 11.8 T3 : 13.15 T4 : 14 T5 : 15 SL : 7.55 Duration : 6 Months to 24 Months Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Also, do check the below related ideas for other stocks.
NSE:IDEA
by urmilaghelani
1
DLF Breakout - Buy OpportunityDLF Ltd. was initially facing resistance around 291-294. it came out of it's consolidation mode on 3rd June and gave a breakout... Seems the stock has pretty much sustained above it's resistance zone.. Good upside can be expected above 303 All the moving averages giving Bullish signal along with RSI and MACD. Buy : above 303 Target 1 : 315-316 Target 2 : 328-331 SL : below 290 Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Also, do check the below related ideas for other stocks.
NSE:DLF
by urmilaghelani
2