Symmetrical Triangle patternSymmetrical Triangle pattern ... been consolidating in this triangle for long time possible positional trade
BEL trade ideas
Simple Trade Setup | BEL | 08-02-2022 [INTRADAY]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.
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Trade Setup for 08-02-2022
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 down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BEL GRETA BET WITH 1 YEAR FOR 75% ROIBEL (LONG TERM)
CMP: 205
TGT: 224, 250, 270, 290, 320, 355
SL: 175
Risk Reward (RR): 1:5.17
Potential Returns : 74%
Potential Loss: 14%
Time Frame: 1-2 Years
Bharat electronicsBharat electronics either it breaks the box above or touches the bottom of the box.
Simple Trade Setup | BEL | 28-01-2022 [INTRADAY]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 w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BEL | 27-01-2022 [INTRADAY]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 down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BEL | 21-01-2022 [INTRADAY]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 down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BEL - A Defensive long term potential 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.
BELBEL
above 217
Target 228, only crossing more upside short time
Stop loss 215 below closing day chart then closing position
Bharat electronics breakout Great company on the verge of breaking nits 52 week high
Great business
The price is too cheap … highly undervalued
Buy Bharat ElectronicsStock closed with good price-volume action and breakout seen on daily charts . RSI indicates bullish trend of stock and Supertrend too implies Buy signal. Best buy at CMP with SL 207. Near term target is 245. Also C&H formation seen on daily charts.
Bharat Electronics LtdKeep watch on Bharat Electronics Ltd for volume breakout now. very good base created for upmove
bearish Gartley pattern formation RSI divergence, volume surge, and bearish Gartley pattern completion indicate the probability of downward movement.
the levels are marked on the chart.
Buy at 222.1 TGT 224 and 225 SL 218Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Simple Trade Setup | BEL | 11-01-2022[INTRADAY]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 we can see an up-move.
Please refer below chart : 15min Time Frame.
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Trade Setup for 11-01-2022
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 down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Mild Bullish on BEL for this quarterBharat Electronics Ltd (BEL) is a Navaratna enterprise having 37% market share in Indian Defence Electronics. BEL's core capabilities are in radar & weapons systems, defence communication & electronic warfare. Q2FY22 Revenue & PAT grew by 15% & 54% YoY led by strong execution. EBITDA margin expanded by 380bps YoY to 23.4% on account of scale benefits and lower expenses. Order back log is at Rs54,627cr (4x FY21 sales).
Simple Trade Setup | BEL | 30-12-2021[INTRADAY]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.
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Trade Setup for Date: 30-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Sell below 202 SL 205 TGT 199Suggestions are based on my analysis only. Please do your analysis before taking any trade.
