BEL BEARISH PENNANT Once broken the fib level and pennant we can go short , don’t enter until market confirm the same
BEL trade ideas
BEL in Inverted head and shoulder Inverted head and shoulder formed and break the resistance of 122 level and retest beautifully done , watch BEL
BEL : Short term view for positional tradeWill be buying the stock if the price touches the ascending channel line support in the coming days. Will be targeting the double top levels for a profit of about 33%. If price further, then will be adding onto the positions only at the levels mentioned in the chart.
BEL- Weekly Long SetupBEL is respecting both trendline support and main support line and hence a buy candidate.
Buy Level @ around 125-130 Levels and it may go up to 165 levels in short to medium time span. Stop loss is placed at 110.
BEL - Short term Trading1. May bounce from trendline. Target - 149
2. May bounce from short term support. Target - 142
BEL| MACD about to cross signal supported by volumeMACD line about to cross signal supported vloume. All crossing points historically supported buying or selling option. Without any 2nd though can anyone go for long postion with 1-2 week of horizon for 20-30 % return.
Buy BEL for short termMy idea is for educational purpose.
Buy BEL@125 for 150 (~20% gain) in short term.
#LONG BEL HIGHER HIGH AND HIGHER LOWS FORMATION.BEL HIGHER HIGH AND HIGHER LOWS BUY CURRENT LEVEL. TERGER 154/- 170/- WITH STOP LOSS 115/-
RISK : REWAIRD 1:3.9
1:5.5
Good Breakout of inverse head and shoulder pattern in BELEntry and Exit at Given Point are displayed.
BEL IN ELLIOTT WAVE ANALYSIS 31.03.21BUY 122 TO 125
TARGET 183 TO 190
Reason For Buying This Script :
In this script it is forming Elliott wave in monthly time frame , Now price was corrected and it turning to complete fifth wave.
So we can go for buy .
Note :
Above given levels are based on monthly & weekly time frame , Be patience it will some days to achieve the target .
ALL THE BEST ...
Parallel swingerLvls mentioned in the chart...
Buy only on breakout of this channel
~for educational purpose~
BEL | INTRADAY + SWING TRADE | 11/3/21BEL looks good for a long trade. All the reasons for the trade have been explained in the video
BEL has given Breakout from head & shoulder pattern on hourly TFBEL has given Breakout from head & shoulder pattern on hourly time frame. It may retest & move towards its target of Heads & Shoulder target.
