BEL is bearish on monthly chart with RSI divergence,A big fallBEL is bearish on monthly chart with RSI Divergence ,in coming days it may fall badly with activation of XABCD patternShortby sushildutt2227
Bharat Electronics cmp 289.50 by Daily Chart viewBharat Electronics cmp 289.50 by Daily Chart view - Falling Resistance Trendline Breakout done - Stock chart has formed Bullish "W" or Double Bottom - Volumes are seen timidly rising over the past few days - Daily Support at 270 > 250 > 229 with Resistance at 302 > 324 > ATH 340.50 - Technical Indicator parameters like EMA, MACD, RSI seem to be getting on the positive front once again - Stock was trading well between the 265 to 309 price range before making breakout but retraced back by profit bookingby PIYUSHCHAVDA8
BEL - Good buy ?-Q3 result was good, and future expectations was also positive yesterday. -Technically, election day low has series of strong support around 230 - 200 zone, and can act as a very very strong support, in case the stocks falls significantly. While the level of 300-310 followed by all time high of 340 can act as short term resistance. -The recent correction has removed froth in the stock (now ~ 40P/E ratio), and looks to be the strongest stock in the Defence sector (followed by HAL).by stoxsense4
BELMoving towards 340 with single resistance of 317. It is defence stock which will be in focus in budget 2025Longby Shailesh9965732
BEL CMP 307 - Weekly - Formed Flag patternBEL (Bharat Electronics) CMP 307 - Weekly - Formed Flag pattern Resistance around 309, 322 Target-1 : 340 Target-2 : 386 Longby maruviralUpdated 5517
31st jan bel for intradayhello everyone, again on prevolume bel is perfroming good plus the trendline shows breakout, now the budget is onsight and defense budget might boost bel overall, buy bel in zone 277-283 with stop loss at 274 target will be 286-288-291++Longby casualtrader_ctUpdated 2
Budget Swing BEL CMP 276 Add on dips till 265 SL CLB 255 Tgts 290-310 & Probably more Don't miss to boost/like 🚀 this idea for more - Plz visit my profile & follow me Rgds, Naresh G Sebi Reg. RALongby NareshG_SEBI_REGISTERED_RA8
BEL - Does it have the scope to go past 340? CMP: 291.95 TF: Daily Primary view: The impulse from 18.67 to 340.50 seem to got over to complete the primary 3rd wave. And the price is pulling back on the 4th. Of which, 1st leg of correction is complete followed by a corrective rise and getting ready for the next leg of downmove. 4th wave expected levels are 220-180 (38% and 50% retracement respectively) The internal wave counts are marked within the chart. try to zoom in to daily TF and review. Alt view: Price could go to a New ATH in this B wave pullback move to form an Expanded Flat. In which case, the price should not go past 373 I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. Shortby Murthy_SanthoshUpdated 4
Bharat Electronics Ltd (BEL)Observations: Demand Zone : Identified between ₹269.50 and ₹280.80. Supply Zone: Identified around ₹330.75. BOS (Break of Structure) : Price has broken a significant structure, indicating potential bullish momentum. CoCH (Change of Character) : Transition from bearish to bullish sentiment is evident. Entry Point: Enter long near the demand zone (₹269.50–₹280.80), preferably closer to ₹280 for better risk-reward. Stop Loss: Place the stop loss slightly below the demand zone, around ₹269.50. Target (Take Profit): Primary target at ₹330.75 (supply zone). This offers a favorable risk-reward ratio. Risk-Reward Ratio: Risk: Approx ₹10–₹15 (entry to stop loss). Reward: Approx ₹50–₹60 (entry to target). Additional Confirmation: Monitor price action at the demand zone for bullish candlestick patterns or volume spikes before entry. Invalidation: Trade setup is invalidated if the price closes below ₹269.50 on higher timeframes (e.g., daily chart).Longby MyT_Trader44200
BEL is ready to go higher after a good bullish candle.HHHL structure at Daily time frame. Good for positional trade after any bullish candle. SL is highlighted , target is life time high, a very good positional trade. Longby jaipal501caet10
BEL - TrappedCurrently - Sideways Phase Accumulation / Distribution ? Hurdles post break out / break down 325 / 305 Targets post break out / break down 340 / 290 Plain n simple analysis by Vishy515
BEL - Isolated in a rangeTopic Statement: BEL is recovering from its bearish phase but faces potential resistance ahead. Key Points: 1. The stock recently broke out of its downtrending channel, signaling a bullish recovery. 2. A reversal is possible near the 330 mark, where a double top candlestick pattern may form. 3. A recent upward gap suggests the price could retrace to fill it in the near term. by yogeshwar5
BEL - Bullish Bomb - Target # 447 and Target # 2 493 - LongBEL has a very very lofty target based on following analysis 1) Trend already revised from 61.8 % golden ration Fibonacci extension and already have had 3 breakouts already. 2) 50 DMA > 200 DMA and diverging 3) ADX > 25 and rising 4) Fibonacci retracement and Fibonacci extension shows cluster at 447 and 493 and hence highest probability of achieving these targets. 5) Price consistently trending above Supertrend (14,3) and 50 DMA Idea for academic purpose and not recommendation for investment.Longby Darshan19712
Investment Idea Bharat Electronics Limited (BEL) BEL stock has been showing a strong uptrend over recent months, driven by consistent earnings growth and strategic government defense orders BEL, a leader in defense electronics, is perfectly positioned to benefit from India’s growing focus on self-reliance in defense manufacturing. With a strong order book, cutting-edge R&D, and robust financials, BEL offers: ✔️ Consistent Growth: Backed by government initiatives and modernization needs. ✔️ Dividend Returns: A track record of rewarding shareholders. ✔️ Long-Term Potential: Expanding into new markets like AI and space technologies. Invest in BEL today and watch your portfolio grow with India’s defense dreams! 🌟 #BEL #LongTermInvestment #StockMarketLongby manojshinde27Updated 5
Bharat Electronics cmp 308 by Daily Chart viewBharat Electronics cmp 308 by Daily Chart view - Price above EMA 14-21-50-100-200 - Volumes spiking over the past week - Falling Resistance Trendline Breakout done - Price Band 284 to 290 acting as Support Zone - Stock Trading Range 265 to 309 with probable breakout attempts - Daily Support at 295 > 281 > 265 with Resistance seen at 327 >> ATH 340.50 by PIYUSHCHAVDA4
Turning Bullish: BELThe defense sector is turning bullish. BEL has been trading over a tight range in a BOX PATTERN between 271 – 306 for nearly six months. It has turned bullish for the past one week. 20 EMA crossed above 50 EMA, confirming the bullishness. Support Levels: 271, 259, 240 Resistance Levels: 306, 309, 325, 339 Longby shanmurali8
Swing1.Current Price: The stock is trading at ₹307.35, up ₹9.45 (3.17%) for the day. Trendline Breakout: A downward sloping trendline (orange line) connecting recent lower highs was broken on the upside. This indicates a potential trend reversal to the upside. Resistance and Support: Resistance: The stock has crossed the immediate resistance level of ₹302 (blue line). Sustaining above this level could signal further bullishness. Support: A key support zone is visible at ₹266.65 (orange horizontal line), which acted as a strong floor during pullbacks. 2. Volume Analysis The volume at the bottom of the chart indicates significant participation during the breakout. Increased volume during an upward move confirms the strength of the breakout. 3. Candlestick Pattern Recent bullish candles with higher closes and increased volumes signal strong buying interest. There is no major bearish candlestick that would currently negate the breakout. 4. Possible Scenarios Bullish Case: If the stock sustains above ₹302, it can aim for higher targets, with next resistances possibly in the ₹320-330 range based on past price levels. Positive sentiment in the defense sector, along with Bharat Electronics' leadership in electronic and defense equipment manufacturing, supports the bullish case. Bearish Case: If the stock fails to sustain above ₹302, it could revisit support levels near ₹266, which is a critical level for bulls to defend. 5. Conclusion This chart suggests that BEL has entered a bullish phase after breaking out of its consolidation and downtrend. The breakout above ₹302, supported by strong volumes, indicates a higher probability of an upward trend continuation. Short-term traders can watch for further confirmation of the breakout, while long-term investors might consider accumulating on dips given the company’s strong fundamentals in the defense sector. Longby iamsaurabh5332
BEL Intraday 26Nov BEL has given good momentum and retracement. Can be long as given in chart with SL either previous day low or 13 ema as per risk apetite. Disclaimer: Only for entertainment purposes, not an investment advice. Longby IMStockwalaUpdated 0
Bharat Electronics Ltd. - Breakout OpportunityDate : 27-Nov-2024 LTP : Rs. 307.35 Targets: (T1) Rs. 323 --> (T2) Rs. 340 --> (T3) Rs. 391 SL : Rs. 281 Technical View: • NSE:BEL is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend. • After touching the high of 340.5 on 10-Jul-2024, it has retraced 24% to 257.45 level. • NSE:BEL has breakout from it's secondary downtrend with higher than average volume on 27-Nov-2024. • NSE:BEL is trading above 20 DEMA and 50 DEMA since last few sessions. 20 DEMA has crossed over 50 DEMA on 27-Nov-2024. • RSI is in buy zone and trading at 64.48. MACD is bullish and trading at 2.36. • Both RSI and MACD are showing positive divergence. • Looking good to start a new swing from here. Like the analysis? Boost/Like this idea and follow my ID. Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market. My ideas are published for learning purpose only and are available to everyone at no cost/charge.Longby vicky2523
intraday 26th novemberbel has gone through substanial correction, it has consolidated and with nifty now consolidating is good for bel. with an upgrade , it is an intraday buy for today. bel has already gone through waves of correction post additon to nifty buy zone 293-288 sl 286 tgt 303 -305Longby casualtrader_ctUpdated 2
BEL : Rounding Bottom FormationBEL : After falling from 340, try to hold last 3 months in 265-290 level. A Rounding bottom formation suggest that the stock can move again its life time high at 340. support is immediate low 270 - 265 Disclaimer : This is my own view & only study purpose only, not any Buy or Sell recommendation.Longby FindingReason103
BEL Q2 Growth of 14.8% Signals Potential Breakout, Targeting 340Details: Asset: Bharat Electronics Limited (BEL) Breakout Level: Watch for technical confirmation of breakout Potential Target: 340+ Stop Loss: Below recent support levels or as per individual risk tolerance Timeframe: Short to medium-term Rationale: BEL reported a strong Q2 performance with a 14.8% growth, signaling robust financial health. This positive development increases the likelihood of a breakout, supported by improved fundamentals and investor sentiment. Market Analysis: Fundamental Support: The Q2 results showcase BEL’s continued growth trajectory, potentially attracting more interest from institutional and retail investors. Technical Setup: The stock is showing signs of consolidation, with a breakout appearing imminent. Watch for sustained movement above resistance levels. Price Target: Based on technical and fundamental analysis, the stock could reach 340+ post-breakout. Risk Management: Implement a stop loss near the recent support levels to minimize downside risks in case of a reversal. Timeframe: The move toward 340+ is expected over the short to medium term, contingent on sustained buying pressure and broader market conditions. Risk-Reward Ratio: With strong Q2 fundamentals and an imminent technical breakout, the setup offers a favorable risk-reward ratio for bullish investors. Keep an eye on the stock’s price action and volume as it approaches critical resistance levels for confirmation of the breakout.Longby CyborgTradingHub6