BEL trade ideas
BEL Stock Trendline BreakoutTrendline Breakout has been done in BEL stock.
RSI is above 50. Stochastic positive crossover and MACD also positive crossover.
Its stoploss is 272 and target is 340.
This study is for educational purpose only and not for recommendation.
First Learn Then Earn.
BEL IS LOOKING BULLISHBEL is looking bullish as its reacted from strong zone. If if closes above 295 more bullishness will be added. These all views are my personal and posting here only for educational purposes. These are not buy/sell recommendations. Better contact your personal financial advisor before go are investing into any stock.
BEL // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For Bharat Electronics Limited (BEL) on the 1-hour timeframe, here are the key support and resistance levels:
Support Levels:
First Support (S1): Around ₹145
Second Support (S2): Around ₹142
Resistance Levels:
First Resistance (R1): Around ₹150
Second Resistance (R2): Around ₹153
BELThe chart looking good we can see hear the stock is making HH and HL this is the right time to buy bel for next HH
BEL--Stock will see 2 sets of strong inflows this week
-- Nifty Inclusion & big weight up in CPSE ETF
--Stock enters nifty on friday
--500 million dollars of passive inflows expected
Disclaimer:
- The view expressed here is my personal view
- 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
-- Do your own analysis and consult your financial adviser if needed
BEL - BearishPrevious Support Area has now turned into strong resistance zone
Expecting stock to resist and fall from here
For downside it may stop near 280 or 270
View negates below 295-96
BEL traingle breakdown on daily timeframe BEL has given triangle breakdown on daily timeframe. As per pattern 240 will be target and SL is 300 on daily closing basis.
BHARAT ELECTRONICS, BreakoutBHARAT ELECTRONICS; CMP:- 333.10; RSI: 68.65
BEL, script has given a flagpole breakout on 5th July 2024; and consistently holding above it. This months target for the script should be 379-383 as visible on chart.
First Resistance Zone: 343-344
Target: 354-379 -383
Stop Loss: 319
BEL : A clear downtrend candidate 📉 BEL has shown a clear trend line break down in a daily time-frame.
🔰 It has broken down with a good short volumes. RSI also broke the 40 levels.
🟥 Short : 290
🎯 Target : 287 / 280
🛑 SL : above 295
⚠️ Disclaimer : it's not a buy/sell advice. It's a view purely for an educational purposes.
BEL in Flag RangeBEL in Flag Range in Daily chart, do you guys know when it can break?
I am asuming it may go down aroung 260.
whats your thought?
Bel company stock analysis-Bel is a capital goods sector company whose market cap is Rs 218854. The stock has a peg ratio of 3.20 which is considered valued.
Now we will talk about technical analysis, the stock has made its top above Rs 340 from where the stock can most probably go sideways. The support level of the stock is 1st 280 2nd 246
Bharat electronics(bel) breakoutBharat electronics
sell at 301 And buy at 295
Sl:-305
Rsi is shifting from upward
Investmenting in security is subject to market risk
Take advice from your adviser
This is my personal analyst we do not liable for profit or loss
For educational purposes only
BEL 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
BEL Looking good for Downside..
When it break level 302.15 and sustain.. it will go Downside...
SELL @ 302.15
Target
1st 300.85
2nd 299.40
FNO
BEL AUG FUT – LOT 5 (Qty-14250)
BEL AUG 315 PE – LOT 5 (Qty-14250) – PRICE (14.20)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Like this Post??? Hit like button..!!!
Follow me for FREE Educational Post and Alert..
#BEL ... What's next ? Here's my plan Tried my best to make it crisp , give it a read !
### Buy Strategy:
- **Entry Point**: A breakout above the upper trendline of the symmetrical triangle, confirmed by a daily close above this level, would trigger a buy signal. The entry would ideally be around ₹310 (or slightly above the breakout level).
- **Target 1**: The initial target is set at ₹325, which represents a 4.74% gain from the breakout level. This target is conservative and takes into account possible resistance just above the breakout point.
- **Target 2**: If the momentum sustains, the second target is set at ₹340, reflecting a 9.37% gain. This target is more ambitious and aims to capture a significant portion of the potential upside in case the breakout leads to a strong uptrend.
- **Stop Loss**: A stop loss should be placed below the lower trendline of the triangle (around ₹285). This placement helps to minimize losses if the breakout fails and the price reverses.
### Sell Strategy:
- **Entry Point**: A breakdown below the lower trendline of the symmetrical triangle would trigger a sell signal. The entry would be near the ₹280 level (or slightly below the breakdown level).
- **Target**: The target for the sell trade is set at ₹240, which is approximately 16% below the breakdown level. This target aims to capture a significant portion of the downside move if the breakdown leads to a bearish trend.
- **Stop Loss**: A stop loss should be placed just above the upper trendline of the triangle (around ₹310). This placement protects against a false breakdown and potential reversal.
### Summary:
The strategy is designed to capitalize on the breakout or breakdown from the symmetrical triangle pattern. The buy strategy aims to catch the bullish momentum if the price breaks out above the upper trendline, with targets that allow for both conservative and aggressive gains. The sell strategy, on the other hand, aims to profit from a bearish move if the price breaks down below the lower trendline, with a substantial target to maximize potential profits.
The approach effectively manages risk with appropriately placed stop losses and provides clear entry and exit points based on technical analysis. As always, it's essential to monitor the trade closely and adjust the strategy as market conditions evolve.
LONG ON BHARAT ELECTRONICSTrading at lowest at the current trend, it can be super bottom. Double bottom pattern is formed at this level. even oscillators can identify double bottom. risk and reward is 1:5.
Bharat Electronics Ltd Date 16.08.2024
BEL
Timeframe : Day chart
Remarks :
1 At present trading around neckline if breaks neckline then lower side targets will active
2 Se fibonacci as targets/support & resistance
3 See trendline as major reversal area
4 Can also incorporate 50 ema, 100 ema & 200 ema combination for support/breakdown or reversal areas
5 Both shoulder tops are also major resistance area price action wise
Regards,
Ankur
BEL Testing Key Support Levels After Recent Pullback
BEL has been in a strong uptrend, supported by an ascending trendline that has held firm since April 2024. This trendline, along with the 50 EMA, has been providing crucial support for the stock. The recent pullback has brought the stock close to this trendline, making it a critical level to watch.
BEL - forming a Head and Shoulder PatternBEL is forming a Head and Shoulder Pattern
Entry: ~280 Candle Close
SL ~320 Candle Close
Target: 240-230
Disclaimer: Study only for Educational Purpose.
Remember: My Money, My Risk, My Reward, My Responsibility.
Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
BEL | SWING BUYAnalysis: BEL shows strong uptrend potential with good technical
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
BEL- the diamond coming at coal pricesBEL has begun its downtrend and is expected to retrace to specified levels. It would be an excellent purchase if one can acquire this stock around the 270/250 levels. In the upcoming March-April period, this stock will likely reach the 400-450 levels. We recommend entering this stock at the aforementioned retracement levels. If it breaks the first level, then exit and wait for the second to minimize losses and re-enter at the lowest point.
