BEL trade ideas
Inverted H & S Breakout in BEL with High Volume*BEL weekly chart trading above important levels 122.00 and breakout in #inverted H & S chart pattern with high volume.
*As per the Chart pattern the first target is 160.00 and 220.00 with the support level of 99.00 closing basis.
BEL -Expecting to reach the target of 150 -#Chart 1- 2021 1. MULTI YEAR RESISTANCE BREAKOUT ZONE
2. Good volumes appeared in the breakout.
3. Wait for the pull back to happen and enter. 123 -124 levels are good to enter in case there is a profit booking to happen. Delivery percentage is 13 %
4. New 52 week high.
Trade with caution. Only for educational purpose.
Thanks and regards,
Kalyan
BEL: Finally confirmed Breakout! Excellent volume surge! 🔥Trendlines are marked. Volumes are exceptional and perfect candle which is all we need!
BEL - BreakoutThe stock has broken out with high daily volumes.
Long at CMP with SL below 120.
Next week this could be a potentially sharp moving stock.
$1 BEL Bullish if cole above 125.9 zoneBEL looking strong Bullish if close above 125.9 zone.
Tested this zone 6 times since Feb 2015.
FOR EDUCATIONAL PURPOSE ONLY
BEL hits the targetidea published in the morning today.
don'tforget to like this post follow me to get updates
BIG BREAKOUT IF CLOSES ABOVE 121, KEEP A CLOSE WATCH!!Stock has struggled to sustain over the levels of 120, once it gives a comfortable closing above these levels then stock can surge to really big levels from here. Keep an aye on its movement. Positions can be made above 122 with the stop-loss and targets mentioned on the charts.
BEL LONG VIEWBUY BEL CMP: 125-126 TARGETS: 140/160/178/200+ SL: 80 7 days - 3 Months view
Fresh breakout after a long time. Note: we caught BEL from MUHURAT TRADING.
Still, expecting more movement upside.
BEL - Bullish inverted Head and Shoulder in price and RSI bothBEL - Bullish inverted Head and Shoulder in price and RSI both
BEL - INHS BreakoutNote: This is for educational purpose only.
There seems to be a Inverse Head & Shoulder breakout in BEL with increase in volume. Moreover, RSI above 65 indicates bullish momentum. Buy in dips till 122.5₹. SL = 105₹.
BEL watch it carefullythis is my analysis not trading call.
may touch target line
fresh break out is observed
BEL - Inverse Head & Shoulders. The stock has been on a downtrend since 2017.
It has formed Inverse Head & Shoulders which is a very strong bullish reversal pattern. BEL should sail smoothly once it crosses the level of 124.
Duration is long since it's a weekly timeframe analysis.
Target should be - 145 and then 170.
Note - Feel free to give any advice regarding this analysis down in the comments section.
Disclaimer - Please do not take trades according to this analysis and do your due diligence before entering into this. This is just for educational purposes and not to be considered as a tip.
BUY BEL ABV 124 TGT 189-188BUY BEL ABV 124 TGT 189-188
As the stock has got multiple rejection from 124 lvl and its forming a inverted head&shoulder patter ! Buy till target 189 .
Thanks 👍
BEL - VCP - Getting Ready for the huge upsideThis is for Long Term.
Based on the Volatility Contraction pattern (VCP), the first Cup depth was around 47%, the 2nd Cup depth is around 27%.
I am expecting it to have two more cups with decreasing depths (14% and 7%).
A breakout above 115 with huge volume and the wide candle will ensure the beginning of a big uptrend,
Current Price - 115.75
Entry - Above 123 ( Wide Candle and Huge Volume)
Target 1 -146, Target 2 - 194
All Trades Involves Risk
Please do your own Risk Management.
BEL - INVERTED HEAD & SHOULDER PATTERN - BULLISHBULLISH VIEW - BUT ONLY CONCERN IS THAT INVERTED HEAD AND SHOULDER IS NOT FOUND IN DOWNTREND
