Get started
BHARAT ELECTRONICS LTDBHARAT ELECTRONICS LTDBHARAT ELECTRONICS LTD

BHARAT ELECTRONICS LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

BEL trade ideas

BEL (Medium Term Study)Bharat Electronics Ltd. Chart Pattern: - Rounding Bottom Pattern Breakout - Price consolidating after breakout - Price at ATH - Price once came below the previous ATH levels, but didn't sustain even a day. Previous ATH levels now act as strong support for the price. - Price closed yesterday at ATH after crossing the previous swing high. Relative Strength: - Stock outperforming Nifty50 & its sector in 1w, 1m, 3m, 6m, 1y & 2y timeframe. - Stock is RS+ & RS in inclined upwards. - From the latest ARS date, the stock has outperformed the index by more than 20% - Stock's RS History is good. In previous years, whenever stock turned RS+ it gave good returns. Financial Performance: - Q2 witnessed Sales growth of 123% QoQ & 15% YoY - PBT growth stood at 4489% QoQ & 48% YoY - EPS growth stood at 2460% QoQ & 56% YoY - The Q2 numbers are not a turnaround. Since the company is a PSU and are manufacturers of defense items, therefore their quarterly results are cyclical in nature. - Company's Order book as of Q2 FY21 stands at 52,148 Cr with a fresh order inflow of 1,561 Cr. These orders are for the next 4 FYs. - As per DuPont 5 stage model. Cos. ROE is 19.2% Avg. - Company has zero debts as of last FY and their Net block and investments are increasing YoY along with the sales & net profits. At CMP, the stock price is around 15% away from the base of the last consolidation, so it's not overextended; it could offer a good RR in the long run. Being a PSU, this stock might be a slow grower, but it surely will be a grower. Worth keeping on a watchlist and studying thoroughly
NSE:BELLong
by AmanSaraf
Simple Trade Setup | BEL | 26-10-2021 [ INTRADAY]NSE:BEL Observations: 1) On 1 Day time frame, it took support from 50DMA and closed above critical level 200. Immediate resistance is 202 level range. today's candle gives a sign of trend reversal. We might see an upmove if tomorrow it sustain above today's high, which is above 202.50 level. Please refer below chart : 1day Time Frame. ------------------------------------- All the levels and most of the trade setup still remains the same as per previous. Trade Setup for Date 26-10-2021: 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.
NSE:BEL
by Trading_hawk
Simple Trade Setup | BEL | 18-10-2021 [ INTRADAY & POSITIONAL]NSE:BEL Observations: 1) On 1 day time frame, it has been trading inside parallel channel and immediate support trendline is middle line of the parallel channel. Breakout of upper trendline of parallel channel will give good up move. Please refer below chart : 1day Time Frame. 2) On 1 day time frame, if we apply the FIB levels then we can see that the critical breakout level will be 213 level. Breakout of the same will lead to a good up move. Please refer below chart : 1day Time Frame. ----------- So for positional trade if one wants to take buy position then can take on breakout of 213 level. Short-mid term targets will be 225, 228 & 233 levels. But keep Strict SL as per your capital at risk. ----------- 3) On 1hr time frame, we can see that immediate support level is 210 level and after that it has 307.50 as next support. Critical resistance at 212.50 level but we can consider 212.50 to 213 level range as critical resistance range. Please refer below chart : 1hr Time Frame. 4) On 15min time frame, it has made cup and handle pattern. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date 18-10-2021: Most of the levels will remains the same as per previous setup. 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.
NSE:BEL
by Trading_hawk
2
Simple Trade Setup | BEL | 11-10-2021 [INTRADAY]NSE:BEL Observations: 1) On 1 day time frame, it is just at very critical support level 200. If it gets support from here then it has chance of reversal to go up again. But since last 2 days it has been taking resistance from 21DMA. Which is a sign of downtrend. So we can say, it is between support and resistance. Brekout on either side will give good move on either side. Please refer below chart : 1day Time Frame. Also on daily time frame, we can see that it is at the very cricial support line of parallel upward channel. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 11-10-2021: 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 respsective level considering how price action works near that level.
NSE:BEL
by Trading_hawk
1
BEL: Chart set up and trading strategy BEL Observations: - Head & Shoulders pattern with stock trading at neck line Target for the current setup 187 Trading strategy that one may consider: Buy 200 Put and Sell 185 Put to reduce your cost Take care & safe trading... Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:BELShort
by indiamarketoutlook
4