BEL MONTHLY BREAKOUTBEL given Breakout on monthly chart. Looks good for long term with levels mentioned on chart
BEL trade ideas
BEL - Swing tradeLow-risk swing trade in BEL in 1 hour TF. entry at 210-211 range with SL below 207.
NEXT FOUR YESARS BEL TARGET 27.09.2021BUY : 193 TO 187
TARGET : 622
Reason For Buying This Script :
In monthly time frame it is forming cup & Handle pattern & it also broken the resistance line. Now it may take some retest moment. Above levels are long term target.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
BEL good short candidateBearish harmonic pattern formation
divergence on rsi
can give reversal from current levels,,
Good positional short candidate
BEL WEEKLY CHART BEL- breakout on weekly chart. Long way to go.
PS holding from 80 levels. And added another tranche at cmp.
Harmonics level's for watch in BELTrend is uptrend in this stock for now so expecting a retracement near that prz zone which you watching to chart i shared. R:Ris 1:5 which is pretty good
Long in BELThis scrip had broke a major supply zone, restested it and now it had given a breakout from a resistance too. Reasons for buy recommendation;
1. In an uptrend for a while
2. Volumes rising with the rise in price
3. Good momentum
4. Above 21EMA
5. Breakout from the monthly Fibonacci R3
Swing traders may find this useful and consider to long this scrip with SL below supply zone.
BEL Good buy signal Again !!BEL : cmp : 198.6
A big bullish candle has been formed in MTF chart.
Making higher highs for 3 days.
Closed above ATH level.
RSI trending up.
So good to grab on dips.
Tgt may be 204.85/209.5
Sl 194 Dclbs
Positional tgt 242
Sl 187
Option Strategy : Buy Sept 195CE/200CE
Previous all tgt achieved frm 152 to 178.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
BEL - Swing - Intraday - 15 septBEL looks good for swing and intraday players above 204. Breakout of ATH long term resistance -- retest and continuation can be seen on the daily chart.
BEL , Long Swing Setup, Very Low on the curve, 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 fail due to any opposing News on that stock or on its Index and Market Volatility.
Hence ,kindly Take Position as per your Risk Management.
BEL 320 SoonMaybe we can wait for the handle to form or we can jump right in it. Proper gigantic cup has been formed. More trouble on borders can push this stop to 300+ very quickly.
This is not an investment advice. I am a newbie trader with 2 years of stock market knowledge. Please invest your hard-earned money on advice of a registered stock market expert. This is just a chart pattern analysis.
MARATHON IS FAR FROM OVER !!(continuation idea)Everthing said in the chart. Still a lot of money can be made. Even now,every dip/flat can be bought/added for the intermediate tgt around 240-250. Then a CORRECTVE WAVE 4,then the final blast. Let me hold the final tgt secret for the time being. Enjoy & RAIN LIKES
bel chart analysisbel chart analysis for intraday and swing trading other information given on chart
BEL NSE:BEL
1-Stock at ATH
2- Outperforming both indices
3- Buy on dips
(After the breakout from the channel buy on retracement)
BEL favourable risk/reward at CMPBEL just breached weekly resistance with high volume, looks like this will move to a high level, can be bought at CMP , with 5RS stop loss
BEL - Channel Pattern break - ATH🔴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 its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
