BEL for this expirySeeing the chat we can understand that there is an big up move here.one can go lomg on this for an immediate tgt mentioned in this chat. we see and cub and handle pattern formed...
BEL trade ideas
NSE:BELBEL
CMP 102.3
In downtrend.
May bounce if sustains above 103
Keep n eye.
Untill then pitchfork will provide future support.
Short BEL RR1:4Short at 120
SL 126
Target 95
RR 1:4
Disclaimer
As BEL is related to defence, govt is taking stringent actions on imports of military goods.
Due to the news the stock is moving higher.
So this call is related to pure technicals not fundamentals.
BEL CUP AND HANDLE PATTERN
BEL is showing a Cup and Handle pattern.
Buy at the current price and hold for up move of 130-140
BEL Breakout : Keep an eyeCondition: If it Breaks 118.5 on 3 Line break charts.
Buy long for target of 180 once condition is fulfilled.
Once its breaks pre-covid level, new trend will emerge
BEL @ supportBEL is at support zone or neck line which comes around 104.5
also this stock has formed inverted C&H formation.
one can go short below 104.5 for the tgt 101.
any reversal could be bought with neckline as stop.
BEL : Trade SetupNSE:BEL
Hi Traders,
BEL has broken trend line and is taking support on 104.40. If this support is broken by it then it will start downward movement.
Entry and target level on chart.
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###Learn To Earn###
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BEL for this seriesAs advised BEL will move forward to the tgts mentioned in this chat. one can buy this with convection for the tgts mentioned here.this is sure shot as per the chat suggests.
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BEL - HarmonicPATTERN NAME- ANTI CYPHER
POTENTIAL REVERSAL ZONE
PRZ1- 123.40
PRZ2- 121.80
PRZ3- 118.25
TF- Weekly
BEL Buy @113Bharat Electronics
CMP 113
Target 125/140/155++ SL 98
Time frame 1-3 months .
Overview :
Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products/systems for the defense requirements, as well as for nondefense markets.
The Company's principal products/services include weapon systems, radar and fire control systems, and communication. Its defense products include defense communication; radars; naval systems; command, control, communications, computers, and intelligence systems; weapon systems; telecom and broadcast systems; electronic warfare; electro optics, and solar photovoltaic systems. Its nondefense products include turnkey system solutions; civilian radars; e-governance systems, and homeland security.
Quick Fundamentals
Market cap : 27582.23 cr
EPS 6.84
PE 16.55
Book Value 41.53
BEL for 14th AugDear All pls follow the lvls as per the chat...if breaks the upper 127 with volumes i suggest take it positional as 138 would be next tgt. happy trading
BEL for 13th AugOne can enter this stock at the cmp for the tgts mentioned in the chat. the closing was very bullish and tgt for an 115..and 117.9.. happy trading
