Chennel - BreakoutBEL has given strong break out today, one can go long for target of 172 & 175. SL-167. Use dips for entryLongby Trade-WealthUpdated 6
BEL:168 support 154 (oR) strong resistance at 187.Bharat' Electronics Ltd:168.00 (onRequest) Correcting now an 86 point up swing, having support at mid channel, around 154, that is exactly a 38% of the current upswing. Strong support 142. The numbers are good,but 187will remain strong resistance. Market Cap.: ₹ 37,290.42 Cr. Book Value: ₹ 46.00 PE: 24.00 ROE: 15.6% Quick ratio: 1.28 Dividend Payout: 30.0% EPS: ₹ 6.90 Price to Cash Flow: 16.55 by padiyaraUpdated 7710
BEL- Buy opportunityBel has just undergone a correction after a good uptrend in the daily chart. Currently the stock is taking support at 7 month long trendline and also at a previous resistance level. It is good buy above yesterday's high with 164.50 as stop loss for a target of 184.Longby getsetradeUpdated 5
BEL Entering towards BUY Zone Bullish GARTLEY on the way BEL: @ 165.6 Entering towards BUY Zone Bullish GARTLEY on the way. B = 0.618 of XA, Here 0.632, Criteria Fulfilled C = 0.382 - 0.886 of AB, Here 0.535, Criteria Fulfilled D = 1.272 - 1.618 of BC, till Now 1.035 D = 0.786 of XA Till Now 0.644 To Fulfill Criteria Condition #1 For D = 1.272 of BC Projected D = 162.4 , Then D = 0.724 of XA (Colour RED ) Condition #2 For D = 1.618 of BC Projected D = 158.4 , Then D = 0.841 of XA (Colour BLUE ) Intraday Res: @ 166.5, @ 167.3 , @ 168.8, Intraday Sup: @ 164.4, @ 163.55 , @ 162 More on Chart. PS: If you like Ideas/Analysis, please Like/Share & keep motivated.Longby DSKF16Updated 889
BEL inverse Head&shoulder breakoutTrading mates can take advantage of classical Head&shoulder breakout on the chart. It is retesting the Neckline from above now. Good Luck Longby praveen.bhatiya7
Bullish Cypher : Intraday long setupHi All, A Bullish Cypher pattern spotted on BEL chart which may give nice intraday oppurtunity. 5 mins chart is giving more insight for the price action with RSI divergence. Trade levels ( also mentioned on chart) Potential reversal zone : 171-170.8 Stop : 168.9 T1 : 173.2 T2 : 174.65 Trade with Care, GulzLongby gulzUpdated 4
BELStock is in up trend went into sideways consolidation not in verge of break out from the range one can look into the stocks at cmp for target towards 186/192 sl at 175Longby bearishbull1968Updated 2211
BEL INTRADAY BUYBEL has been a very broad range and going nowwhere but yesterdays close had a bit of volume in it. Tomorrow if BEL crosses 182.80-182.90 levels with good volume and RSI crossing to above 70 levels im going to buy it for targets of 183.95-184.40. Stops will be at the breakout candle low. If the trade risk reward ratio is uncomfortable its better not to trade it or trade as per your own risk appetite.Longby crinvestmentsUpdated 113
belstock is in up trend now in a small range showing signs of breaking out of that range one can look into this stock above 184/ for targets towards 188/190 with sl places at 179.5 Longby bearishbull19688
Bollinger Band Reversal Short TradeThe price movement are being captured beautifully by Bollinger Band and one can observe that whenever it has traded out of the band, it has given a nice opportunity to trade the reversal. We can apply the same method and short the stock by providing appropriate stop loss and look for the target of middle/lower band. Shortby praveen.bhatiyaUpdated 447
BEL MACD DivergenceBEL showing MACD divergence, may be a good shorting time. This is also coinciding with the trend line. Shortby saketgod2
BEL Short Wolfe Wave Divergence Oversold Intra day. Potential short may develop in the stock as it is making higher high but RSI is not supporting it and showing divergence. Its reading is also coming out of Overbought Zone. So far it is making Wolfe Wave. As if now trade has not developed yet but one can put it into the watch list to take the appropriate action timely. Shortby praveen.bhatiyaUpdated 7
bel downward sloping channel break outBEL is in verge of break out from downward sloping channel buy above 1555 with sl at 1480 target towards 1640/1650 levelsLongby bearishbull19689
Bharat Electronics to approach channel resistanceBharat Electronics has been trading in uptrend and trading at support of bullish channel, it may see upside from this level to target 1625 in near term of till expiry.Longby nextgen3