BELBEL CMP 128 could be a good buy for the target of 140- 160-190.SL is 112 Strong SL is 104. Although market in over bought so be cautious .
BEL trade ideas
breakout with great volume hold the stock for a long period of time make own technical analysis on this tock
Buy! Buy!! Buy!!!A perfect Head & Shoulder ( inverse ) pattern formation on weekly timeframe, but all the recent ( 4-5 weeks) candles are green so we can expect it to consolidate in the given region and buy only above breakout of that region @123
BEL Long(above 52 week high)Above 119
accumulation zone 104-86
we may see 124-134-143 and more if breakout with good volume
Good volume in last few session
above all important moving average
#BHARATELECTRONICS#HIGHVOLTAGETRADEBUY @ CMP 134
STOPLOSS @ 113
TARGET1- 150 R:R=1:0.7
TARGET2- 177 R:R=1:2
TARGET3- 192 R:R=1:3
**Note: Trade on your own risk.
Only for educational purpose.
#BHARATELECTRONICS#HIGHVOLTAGETRADEBUY @ CMP 134
STOPLOSS @ 113
TARGET1- 150 R:R=1:0.7
TARGET2- 177 R:R=1:2
TARGET3- 192 R:R=1:3
**Note: Trade on your own risk.
Only for educational purpose.
BEL Looking extremely Good for Long! Positional Trade !
BEL #BEL
Reasons:
1. Inverted Head and Shoulder Pattern
2. Above 200 DMA
Target : 185
SL : Day Candle closing below HNS neckline i.e. 112.
BEL CONTINUATIONBEL
Now TGT 139.60/146.45
Sl 129.85
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.
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BEL - FOURTH ATTEMPT TO BREAK THE RESISTANCEPrice has been in a downtrend since 2018, it has already made 3 attempts to break the resistance zone but has not been successful, now price is attempting to break the resistance zone for the fourth time, also this time the resistance zone is coinciding with fibo 0.50 level, break of which can give quick movement towards 131 & 146 levels.
Note - Structure also seems Like an Inverted Head & Shoulder
Shoulder Target : 30 Points
Head Target : 60 Points
DISC : VIEWS FOR LEARNING PURPOSE ONLY
BEL, READY FOR NEXT MOVE (FIBO + INV HEAD & SHOULDER)All levels mentioned on chart.
Thanks
Piyush Gupta
Learn & Earn
BEL: 1st Big Breakout Candidate of 2021Buy in the range of INR 120-125 with a target of INR 185. Stop Loss 21 EMA on closing basis
BHARAT ELECTRONICSIt is on the verge of an IHS breakout in weekly time frame above 112. V good support between here to 95. The Inverse Head & Shoulder upside levels are 150 / 175 / 200 over the medium term.
BEL: Bull GripThe horizontal line near 122.80 is a breakout line which will lead to next rally. Any opportunity to get @122.80 is good opportunity to add /accumulate. Expecting the 200 levels.
Preparing for a good long rallyEducational Purpose Only
Increasing Volume
Inverted Head and Shoulder
Price at Strong Resistance level
keep an eye on the resistance level, high chances to achieve the given targets. BEL will be an important stock to keep an eye on with the Indo-China issue and VocalforLocal going on.
BEL - Good for Swing above 133After breaking blue TL in December with good volumes, stock is ready to fly to Fibonacci extension level of 156 if breaks Red TL successfully
INHS in Bharat Electronics(BEL)Inverse head & shoulder pattern seen in BEL on weekly timeframe. It has broken it's neckline with huge volumes. Plan your trade accordingly.
NSE:BEL NSE:BEL
BEL - Inverted Head & Shoulder Pattern and Trend Line Breakout -The script has formed the Inverted H&S Pattern and the Trend Line was breakout
The Script has strong resistance at 125 and the H&S pattern neckline was also broken
Buy Above - 126 ( Close Above Daily Time Frame)
SL - 85 (Close below daily time frame)
Target - 189
Disclaimer: Kindly do your own analysis before executing the trade
BEL weeklyWeekly breakout happened in BEL try go long near zone sl below that zone for swing trade set-up
