BEL trade ideas
#BEL can buy for 10% @in_tradingviewNSE:BEL
Bharat Electronics buy now
in range of 109 112
sl 106
T 116 119 125
BEL Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
BELIt has completed its Bullish Harmonic Alt Shark and is showing signs of reversal. A bounce back till 108-110 is possible provided it does not go below 99
BEL can go upto 103 and 106 in next few weeks.Broke channel resistance of 99, if monday close above 99 then next level is 103.
BEL LONG - Upside Medium TermNSE:BEL - BEL is making higher lows and breakout of trend line resistance can give quick up move.
Script is at good zone to enter for long in range 105-102 for Target of around 123 with strict Stop loss of 100.
Short sell in FuturesThis one is making its complex B wave after its 1st move form its recent Low ( Apparently Double Bottom )
Now currently i am looking this as B (b) of Complex structure , One can look for sell set up to take position and move the stop once it move away form its
Point of brake
BEL - Bharat Electronics Ltd - Inverted hns breakout - longBEL hns breakout
Buy at current cmp around 120
Tgt 137
sl 112
BEL Long for IntradayBEL stock showing strength and also broken one of the strong resistance, traders may take long position in the stock with SL of 115 for target of 124
