BEL trade ideas
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.
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.
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
BEL looks to be fantastic for long term above 190
#BEL looks to be a eligible counter for breakout/pyramiding above 190 , which is also the ATH and Multiyear breakout
The weekly charts are showing sideways formations/gradual higher high for about 8 weeks and the daily charts are showing smaller moves
The volume have dried on the counter and the stock is awaiting a breakout move
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
[POSITIONAL] BEL: Flag TradeAs per charts.
See W Chart if you want to understand the entry.
SL will be opposite LONG/SHORT level respectively.
DD Advised.
BELCurrently stock is retest a 'channel breakout' level.
Go long if stock hold key level of Rs 176 with stop loss of Rs 172 and
Short will preferential below Rs 170 with SL of Rs176.
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Bullish Harami appears in BELT1 :- 154, T2 :- 194, SL :- 116. Bullish Harami appears.
Also analyze on your own. Happy Trading.
WAIT FOR BREAKOUT IN BEL. WHEN RESISTACNE LEVEL BREAKOUT THEN WE GO FOR LONG. TARGET IS SHOWING IN CHART . BOOK PROFIT AS PER OUR RISK.
BEL Positional View !!!BEL : cmp : 152.8
A Cup & handle kind of pattern has been formed in daily chart.
On the verge of break out.
TGT 159/166/172/178
SL 144.65 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Beautiful pattern completion by BELBEL followed head and shoulder pattern beautifully on weekly TF. Took 6 months to reach almost the height of head after nice pullback to broken resistance.
Target 3 (42%) achieved in Bharat Electronic. Target 4 is ON...This is follow-up on Bharat Electronics Ltd. Can check link to related ideas.
Target 3 achieved. More than 42%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
BEL TRIANGLE FOMATIONBHART ELECTRONICS LIMITED FORMED A TRIANGLE CHART PATTERN IN 1 HOUR CHART . TRADE CAN BE TAKEN FOR BOTH SIDES IF IT BREAKOUT IN UPPER SIDE THAN BUY, AND IF IT BREAKDOWN THE SUPPORT THEN IT CAN BE SOLD FOR A GOOD RETURN RATIO.
