Daily TF, Cup and Handle, RSI taken support Weekly TF Triangle Breakout, almost inside bar formation Monthly TF NR 4 breakout (Jan-April) Possible target Yearly Pivot R2 140-142, that is aligning with Cup and Handle Daily TF breakout RSI can plateau out, time to trail longs as there exits a gap at lower levels 82/83 levels. Monthly volumes are declining.
Trend Reversal Bearish below 182.5 Target 174, 165, 158
BEL : CMP : 125.75 A Ascending scallop kind of pattern has been formed in MTF chart. Closing above previous high. Trading near ATH level. RSI & MFI trending up. So good to grab on CMP or dips. Accumulation zone : 120-126 Profit booking zone : 138-151-162 SL : 111 or according to ur risk appetite. Positional Target 180+ Positional SL 98 (Full time skilled F&O...
#Bel cash -Positional call 10.01.2024 Looks good above 186.10 and above 190.10 tgt 198-200/208/214 Cmp 185.60
BEL stock is on a steady upward trajectory, so it's a great time to invest. You can consider accumulating 50% of the stock at the current level and the remaining 50% at Rs. 175-176 levels. With a short-term target of Rs. 200 , this is an opportunity you don't want to miss!
Price consolidation around 200% Retracement level has been done and cleared. So the ongoing up-move since the low of 18.65 is expected to continue. Next resistance is expected around 180. Bullish view remains valid as long as prices stay above 110.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
A stock that consolidated for a bit and now with the exit polls showing the ruling party is doing well..PSU momentum could continue. Plus plenty of orders could continue to come in. Long above 147.15 with a SL below 140.
bel is at weak buying zone. But priceaction at lower timeframe. wait for levels marked to show momemtum as a conservative trade.
this is trading at good support price and expecting a good rally from current price
BEL - Breakout after nearby 3 months, can be a good entry point with RR of 1:3.
Simple price action, formed pole & flag pattern. Industry and Business: BEL specializes in the design, manufacture, and supply of a wide range of electronics products for various sectors, including defense. Looks good for short term / long term investment. Trading at 138. Nearest Resistance is at 146. Keep SL at 125. Target 175 204 235
NSE:BEL Buy - 138 Target - 147 Stop Loss - 133 Note: This is a Prediction and not a recommendation
it is taking a support in previous support and expecting a nice rally from current market price
BEL ABCD Harmonics Sell PRZ - 139/142 SL - 150.1 ( Weekly Closing Basis ) Target - 121/115/108
NSE:BEL formed Hammer and gave closing above it. Entry : 137.65 Target : 143.35 SL : 133 RR : 1.2
Looks like BEL will try to reach 127 this year, just waiting for the second breakout
NSE:BEL Bharat Electronics Limited is engaged in design, manufacture and supply of electronics products/systems for defense as well as for nondefense markets. The Company's principal products include weapon systems, radar and fire control systems etc. TTM EPS: 10.72 TTM PE: 21.86 Sector PE: 30.84 Book Value Per Share: 45.45 P/B: 5.16 Face Value: 1 ...