Bharat Electronics LimitedRetest of breakout level completed in Bharat Electronics LimitedLongby Swing_Trading_Chart2
Breakout in BELBreakout in BEL in Daily and Weekly timeframe. Entry: 246.10 Targets: 260 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.Longby achandran810
Simple Trade Setup | BEL | 23-05-2022 [INTRADAY]NSE:BEL Observations: 1) On 1day Time Frame, if we apply Fib from recent low up trend move then we can see that it is near 38.20% Fib Retracement range. Breakout of this level of 238.15-238.35 will be buy trade opportunity for quick target of 240. But still safe buy trade will be on breakout 240 level for positional trader. Please refer below chart : 1day time frame. 2) On 15min Time frame, we can see kind of cup and handle pattern Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 23-05-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.by Trading_hawk0
bel will touch 245 tomorrowbuy bel @ 235/236 it will be at 245 very good result will come outLongby manish55850
BEL retest of previous supportBEL is currently near the previous support zone. Stock recently gave a ATH breakout and retesting previous support zone. If it sustains this support , one can look for immediate target of 259 and new ath, Looks good for long. One can take position near 228-230 zone, with SL of 223.Longby arunmgda1
BEL Chart Analysis !!📈 BEL 📉 My Findings :- 1. In Consolidation Since Last Six Months. 2. Breakout from a Swing High and Resistance Both at the same time. Bias- Long Target- 270 and 300 SL- 205 RR- 1:2 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.Longby ShelendrAgrawalUpdated 1
BEL Analysis and Trade Setup (Short Term)Bharat Electronics (BEL) is indicating sell based on 38% Retracement Breakout Trading Strategy. Indicating Sell in 238-246 range with Exact Stoploss 249.90 for Targets 204-193. Risk Reward is 1:3.Shortby Sweeglu331
BHARAT ELECTRONICS : Reversal It seems a five waves impulsive wave has been concluded in the zone of 260. One should avoid fresh buy positions at these levels as there is fair possibility that stock will move in downward direction in three waves to complete the correction of the entire rise.Shortby TradingSutra118
Bharat Electronics breakout1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop after a consolidation since November 2021, NSE:BEL has given a high volume breakout today. December quarterly sales were up 59% and December quarterly profit were up 114%. Buy with a stop just below Rs.216. Other fundamentals: 1. Average ROE call last 3, 5, 10 years have been greater than 15%. 2. Debt to equity at 0.00 (less than 1 is good), Interest Coverage at 559 (greater than 3 is good), FCF to CFO at 47%. 3. FII stake increased from 7.86% in June 2020 to 17.21% in December 2021. 4. press release issued on April 1 2022 states that Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of about Rs. 15000 Cr (Provisional & Unaudited), during the Financial Year 2021-22, against the previous year's turnover of Rs. 13,818 Cr, despite challenges posed by the COVID-19 pandemic and global semiconductors shortage. BEL's Order Book as on April 1, 2022, is around Rs. 57000 Cr. In the year 2021-22, BEL secured significant orders worth (approx.) Rs. 18000 Cr. Some of the major orders acquired during the year were Avionics Pack for Light Combat Aircraft (LCA), Advanced Electronic Warfare Suite for Fighter Aircraft, Instrumented Electronic Warfare Range (IEWR), Electronic Voting Machine (EVM) & Voter Verifiable Paper Audit Trail (WPAT), Cdr TI- T90 Tank, COMINT System, Radar Warning Receiver (RWR) & Missile Approach Warning System (MAWS) for C-295 Programme, Electronic Gun, IoT Gateway, etc. 5. Among the defensive stocks that are characterised by strong balance sheets, quality earnings, and reasonable growth, Bharat Electronics (BEL) offers a good value in the light of the volatility in the market and its attractive valuations. At the current market price of Rs 235, it is trading at 18 times its fiscal 2023 estimated earnings along with a dividend yield of close to 3 percent. Valuations also look reasonable in the light of improving business and growth opportunities. Longby akashbothraUpdated 0
Simple Trade Setup | BEL | 25-04-2022 [INTRADAY]NSE:BEL Observations: 1) On 1day time frame, we can see that it has been giving closing in range of 250-255. Breakout on any side will give good move. But since last 4 days it has been observing selling from higher levels. Please refer below chart : 1day time frame. 2) On 15min Time frame, we can see that it has been trading below support channel now but still in range of 250-255 range. We can also draw short term resistance channel. Breakdown of 250 will invite more selling and breakout of 255 with resistance channel will invite more buying. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 25-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.by Trading_hawk0
“Consolidation Range”On the weekly chart, the stock has decisively broken out its past eight months “Consolidation Range” (230- 195) on a closing basis indicating strong come back of bulls This buying momentum was observed from 20, 50 and 100 day SMA and rebounded sharply Bharat Electronics Limited Weekly With current week’s high (242) the stock has registered a new 52-week high which remains a bullish signal The daily and weekly “band bollinger” buy signal reconfirm positive bias The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term. The above analysis indicate an upside of 252-267 levels.Time period is 3 to 4 weeLongby tusharvispute1Updated 1
BEL: POSITIONAL SETUP #CUP&HANDLE.NSE:BEL $ Positional trade $ chart is self-explanatory. $ big cup and small handle formation on the chart. - usually, a big cup with a small handle outperform - aim for 1st target of 190. Not a Trade Advice or Recommendation. Do your analysis or Consult your Advisor.Longby SANJAYPATIDAR_Updated 9
BEL RANGE BREAKOUT CONFIRMEDBEL - Breakout Confirmed. Cmp - 247 Buy Only Between - 185-200 SL - 160 (Monthly Closing Basis) Target - 350Longby ShareMarketCoach1
BEL, Another good chart to look Cup & Handle breakout ** Educational purpose only**Longby subhamoyghosal1
Long on BEL POSITIONAL TRADE WITH A W PATTERN BREAKOUT CONFIRMGOOD POSITIONAL TRADE FOR TARGET OF 320-330 clean breakout confirmed for w pattern Longby shangray20090
STRONG BUY IN "BEL"NSE:BEL shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 1: 226.55 Target 2: 232.85 Stop Loss: 217.50 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.Longby finogentUpdated 0
BEL - Cup and Handle viewBEL : Cup and Handle breakout Done & currently consolidating Long above 240 with a SL 232Longby roshansaiUpdated 1110
BEL Looking good for positionalBEL has consolidated for quite some time after breaking the previous all time high (ATH) and now looing good both on chart and data. TIME Frame: Weekly No recommendations above view just for learning purpose by armarketmantra0
view about BELBEL in weekly time frame has given breakout and looks awesome only above it's high made of 242 for probable target of 270+ in very short term Longby UnknownUnicorn116135401
BEL Darvas Box BreakoutBEL Strong breakout with volumes Strong Relative strength, outperforming indexLongby Shyamlal0
Chart of the week. BEL BEL has given a up flag breakout on its Daily and weekly charts. PSU index in nifty has also given breakout last week therefore, i m recommending this stock for buy. This stock is trading under blue sky territory so there will be no upper limit for this stock. However, the first target/ resistance for the stock would be 277 which is also its Fibonacci level 1.6. CMP - 239 Target - 277, 300, 350 Weekly SL - 214 Weekly View - Medium to Long term.Longby AbNamjoshi2