BEL - Cup and Handle viewBEL :
Cup and Handle breakout Done & currently consolidating
Long above 240 with a SL 232
BEL trade ideas
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
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
BEL Darvas Box BreakoutBEL Strong breakout with volumes
Strong Relative strength, outperforming index
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.
Bharat Electronics BullishBharat Electronics seems strong weekly closing
indicates rally may continue further
concentrate if price sustain above 240 in daily
Next Move I am looking this Could turn out as Expanding Flat , One can Look to trade using method they Know
Good luck
A clear example of Darvas box BEL was established in 1954 in association with CSF, France (now, Thales), to meet the specialized electronic equipment requirements of the Indian Defence Services.
BEL is an Indian state-owned aerospace and defense company with about nine factories and several regional offices in India.
Fundamentally Strong stock, which has been creating Darvas box over the time and it had broken its previous box, which gives an opportunity on going long
The company has reduced debt.
The company is almost debt-free.
The company has been maintaining a healthy dividend payout of 42.59%
The company has high debtors of 169.76 days.
Promoter holding has decreased over the last 3 years: -10.79%
TRADE ONLY ON YOUR DUE DILIGENCE
BUY BEL FOR 320 AND 400 LEVELSBEL 240 (W), has sustained weekly breakout above 225. Now short term 270/275 coming while medium term 320 and 350 coming on long term charts. Multiyear breakout done at 190 and extension of lows indicating target of 300/330 and 400.
When will the BEL ring out of its trading rangeBEL is stuck in a trading range of 190 and 220, maybe in a box if you can imagine it...whichever side it breaks, has a potential to move 30 rupees quickly..so keep it on your watchlist, with all this war raging and nations on the edge, this company is in a sector that can see increased orders in the near term... stock price is presently trading above its previous All time highs of 194 in 2018 and consolidating there..fib level suggests next target to be around 275 as long as 193 doesnt breach on the downside
YR 2022 Idea #31: Long on BEL This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
BHARAT ELECTRONICS TRENDLINE BREAKOUT DAILY TIME FRAME .SWING TRADE-BEL Trendline Breakout Daily Time Frame-Only Education Purpose.
Bharat Electronics Ltd.Bharat Electronics Ltd.
Bharat Electronics Limited ( BEL ) was established in Bangalore, India, by the Government of India under the Ministry of Defense in 1954 to meet the specialized electronic needs of the Indian defense services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad.
BEL offers products and services in a wide spectrum of technology like Radar, Military Communications, Naval Systems, Electronic Warfare Systems, Telecommunications, Sound and Vision Broadcasting, Opto-Electronics, Tank Electronics, Solar Photovoltaic Systems, Embedded Software, and Electronic Components. With its expertise developed over the years, the company also provides Turnkey systems solutions.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock gives the breakout of a previous all-time high.
2. Stock gives breakout of channel.
3. very high traded and delivered quantity. (delivered quantity 31.3%)
4. Supertrend is positive.
5. Alligators are in uptrend.
6. Stock trading above 20/50/100/200 DMA.
FUNDAMENTAL ANALYSIS.
SECTOR: Engineering - Industrial Equipments.
1. MARKET CAP - ₹ 57,101.56 Cr.
2. P/E - 22.31
3. P/B - 4.85
4. ROE - 19.99 %
5. ROCE - 28.49%
6. EPS - ₹ 10.50
7. CASH - ₹ 5,008.21 Cr.
8. DEBT - ₹ 0 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #alligator #education #investing #investments #financialmarkets #learningeveryday #learning #bel #defence
Breakout in BELBreakout in BEL in Daily timeframe after a long consolidation.
Entry - 234.35
Target - 280 & 325
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
BHARAT ELECTRONICS LIMITED ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
BHARAT ELECTRONICS LIMITED with target of RS 245 CMP IS RS 234.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @RS220
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
BEL Ichimoku Bullish Breakout Stock Name - BEL. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will cross the today's high of 240. Worth to keep in watch list for coming days
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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BELStock has been trading in a range since a very long time and have many time tested resistance and tried breaking it. Finally it has given a strong breakout. Buy above 238, TGT 270+, SL 218. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Long on BELTOday break all time highs with bigger volumes
can enter now or at retest target will be minimum 10-20% from here.
Bharat Electronics (BEL): Breakout... Now what next!!!Today, after almost 5 months of consolidation, the stock price of BEL gave a breakout above 228.
Buy zone between 228 and 240, with retracement support at 227.
Stop loss alert if price breaks below 217.
Probable target: 277.
RS is outperforming the benchmark, hence strong stock.
Note: Always define your stop-loss | Not a buy/sell recommendation, but personal analysis
ATH breakout !!!The stock gave ATH breakout after 7 months of consolidation and also accumulated good volume.
You can enter here or wait for retracement.
Looking good for swing as well as positional.
This is only for educational purpose.
