are you ready for the next momentum? because BEL is ready..!!! a good recover from bottom, may consolidate for a while but once breaks supply zone, it will be ready for the next rally.by GrVivek0
BEL: Chart set up and trading strategy BEL Observations - the zone of 156-160 acted as resistance in March, May and June 2021 - breakout occurred in 2nd half of June - this zone may likely see reversal of role going forward.... meaning previous resistance likely to provide support - the zone of 180-186 saw lot of consolidation / distribution - currently trading below the resistance zone given the set up for any fresh Cash buying, ideally I would wait for 158-160 zone However I would keep an alert at 169 and below 162. In case I see 168 levels being held I might consider buying 25-30% of my planned buy over there. What if it doesn't come to those levels but goes up, Simple I wont buy and let the opportunity pass... 🙂 __________________________________________________________________________________________________________________ Strategy for F&O given the resistance zone around 180-186 Consider selling 190 Call option currently around 4.5 Max profit potential Rs 17100/- per lot (yield potential of approximately 12.4%) till 26 August The strategy has an inbuilt risk cover for a rise up to 194.50 Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need beby indiamarketoutlookUpdated 338
Short BEL target 140 Harmonic pattern completed in BEL SL previous high target 140Shortby tapovanvashisht0
BEL longBEL is at a weekly resistance. it retrace maximum 38.2%. at this level we make a entry.Longby StopLoss_trader1
BEL | WEDGE | BREAKOUT | BUY | CHART PATTERNHere is my favorite pattern to enter into a trade, Wedge Breakout & Pullback. 1. Uptrend in BEL 2. Higher lows along the trend line 3. Breakout above the resistance 4. Tested with Pullback 5. Showing Support along the trend line again BUY 1. Above 186 on the safer side with STOP LOSS of 2 rs 2. For Risk Takers* Accumulate till it gets Support at the trend line with STOP LOSS around 180 to 182 Target 1. Initial Swing Up to 188 2. If continuation of Breakout happens, the next target will be 195Longby SanketprUpdated 222
BELBEL: Looking Good 4 Years High & Bullish Breakout Sustaining Closing/Above 193.40 Rounding Bottom Pattern Breakout Sustaining Closing/Above 193.40 Buy Above/CMP 188.80 Add Every Dip Stop-Loss 175 (Safe) 150 (Risky) Target 200-215-230-250+++ If Fail to Sustaining the 193.40 Level then will create Cup & Handle Pattern Add Every Dip Until 135 Stop-Loss 125 (Safe) 115 (Risky) Target 205-250-300-350+++ Positional CallLongby MDTK_TradingVilla0
Buy BEL Good Opportunity to buy BEL @ 189 First Target 196 Second Target 215 SL - 180 Longby Stockmarketanalysis91
BEL :: Long :: Short Term SetupBEL 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 personal opinion, trade on your own analysis and risk appetite Longby vickynagar0
THE LIKELY MARATHON WINNER THIS OLYMPICMake no mistake about the winner this time.After the BIG MOVE from 140 to 180 in 3 session,consolidated for last 8/10 days in a band of 5-6 points!! Today reached at the upper end. Likely to break out to start its next lap.BUY>187-188,SL <181(cls) tgt-230+++. Disclaimer:This is my personal view,not a trade recommendation. Use your own discretion.Longby eternallearnerUpdated 1
BEL Range BreakoutBEL Range Breakout Buy BEL Closing Price - 157.6 SL - 141.9 (WCB) Target - 195Longby VisibleBeer7Updated 334
#BharatElectronics : 3 year old rounding breakout#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. Longby seekedgetrade2
BEL Bullish Flag Breakout.Clear Flag breakout. Mother candle/ Master Candle/ Inside Bars as marked. Stock trading near life highs, when starts to sustain above life highs. Expect a great momentum going ahead. SL below the low of mother candle as marked. Low risk set up.Longby varadtambolkar224
BEL - Chart analysis - Near ATHBEL could show some momentum above 192 on DCB. Foring Pole & flag pattern near resistance and routing bottom in the weekly chart too. Longby abinash97221
BEL Strong Bullish Trend AlertBEL: 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 Longby Muthu15011