BEL - Flag ! Daily showing a Flag pattern. Interesting thing is in 30 mins time frame also a small Flag ! Most likely to travel up side. This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I have all the rights to be wrong on my views :)Longby TraderMonkdotin1
BEL - Update on previous Impulse set. Corrections startedWave C in building mode for BEL. Seeing a target of 88.5 on the short from here. The chart is self explanatory. Wave 5 in previous did not climb all the way up as the volume dried out of the stock but it hit my first targets. Now its time to look for the short. #Disclaimer: For educational purposes only. Consult your financial advisor before any trades. Stop loss is essential in all casesShortby IbankerSidUpdated 5
BEL diversions | BEL trade Setup | Technical Analysis in HindiHi guys this is Trader Kanishk In this analysis of BEL i have discussed : Why not to go long more why i am closing BEL trade has it taken support trendline breakout new support levels new targets new stoploss levels entry levels for sharp entry and many more. Please Watch the entire video and GO for It DISCLAIMER Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position. One more very important thing Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio . 04:13by thisiskanisk3
Upcoming leves Hey guys as you can see it is near his support point if this resistance breaks then we will see these levelsby amritpark0
BEL trendtill Auguust 6BEL may go down till 94.35 until it gets support level Then spike up to 99.25 tomorrowby mailvenkataswamy0
BEL - Harmonics PatternSell @ 102 - 106 Target @ 95 & 88 Stoploss @ 114 (on closing basis)Shortby elvarsanUpdated 2
Extremely BullishBEL gave a Multi Year Breakout with huge volumes. Trendline also been retested confirms the breakout RSI also bullish So GO LONG!!!Longby Hardik26080
BEL ANALYSIS 24.07.2020Buy 102 First Target 108 Second Target 111 to 117 If it break 108 positive is possible .So wait for better conformation .Longby dayanithi5550
Weekend series - BEL - Long above 98.35 and Elliott wave targetsHi guys, starting a weekend series where I will pick 1-2 buys and 1-2 sells for the coming week.. but of course there will be some pick through the week for intraday purposes as well. Reasons for long on BEL: 1: Tweezer bottom on BEL at a strong support zone (level is drawn in the chart) 2: Strong ending after taking the strong support, so we can expect a good momentous long on Monday 3: The stock is above my daily fibo levels and no immediate resistances above 98.3 Targets: 1: Our initial target is obviously going to be the strong resistance at 103.5 levels to the swing high of 105.4 2: Beyond them the targets are 108/110/112 based on Elliott levels and option chain. TRAIL STOP LOSS DILIGENTLY 3: As this is the 5th wave, we can expect this to be a good long #Disclaimer: Trade with a risk reward as per your appetite, consult your financial advisor. Will update for the correction waves post the completion of the 5th wave.Longby IbankerSidUpdated 232341
BEL - Elliot Waves Correction On-GoingElliot Impulsive waves fit the Fib levels perfectly as drawn on chart. Corrective waves are not on. Hypothesis 1 & Positional Idea: Wave B is complete. So Short below 96.5 for 90. Hypothesis 2 & Positional Idea: Wave B is not complete. Go Long above 100 for 102.5 I tend to prefer Hypothesis 1! Shortby raj_rishavUpdated 2
Bharat Electronics BEL in Fourth Elliott waveBEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90 Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This analysis may not be suitable for all investors consult with your financial advisors before investing. Shortby NiftydirectionUpdated 2
Long Swing Trade Idea #32 : Buy BELBuy BEL only above 98.5 with Stop-loss at 94 for first target of 103.8 Idea is for 20th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid. Reason is RSI hidden divergenceLongby onerighttradeUpdated 2
20.0 - BEL Long ideaRisk 0.2% = 4000 Position size = 4000/4.4 = 909 Investment = 909*98.45 = 89491Longby balaji_damoUpdated 5
BEL - FlagBuy above 99 (Key support on the monthly charts) for targets of 103.5 (Intraday) & above 109.5 (July expiry) with Stop Loss at 106.5 Longby raj_rishavUpdated 1
BEL - LongBEL seems to be breaking out resistance line and previous day high of 98.5. It is also looking like a cup and handle. Last few days, the handle/price is trading perfectly in a down channel and about to break it. Looks above 98.5 will trend up.Longby kiran_mti0
selling opportunityretrecement is less than 0.618 fibo btn A to B........selling opportunity is looking at 114 to116 target will be 98 or 97by a_4440
BEL At Breakout ZoneBEL is trading near resistance area. If sustains above 88.70 tomorrow then upside can be seen in stock till 98-100.by rkrahul55Updated 0
BEL, The Bearish Bat Pattern with Reversal 111 nearby.The Bearish Bat Pattern: A B point that is less than a 0.618 retracement , preferably a 0.50 or 0.382 of the XA leg . In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance. Resistance 109-112 For targets 97 & support. Shortby Trade-Technique3131197
BEL LongThe monthly chart is showing a double bottom pattern. As per my analysis, this will test 130 levels in near term. A long position can be taken to c capitalize on the move. Also the MACD crossover on a monthly timeline backs it up as it suggests bullish trend has started on a monthly time frame. This analysis is only for learning purpose, invest at your own risk after doing your analysis.Longby campioknight0