BEL trade ideas
BEL - HAPPY INVESTING!NEXT TARGET FOR BEL SEEMS TO BE 113 AND 115.8 IN THE COMING DAYS.
BUY SIGNAL OBTAINED IN HOURLY CHART.
KEEP STOP LOSS @ 106.
ALREADY BULLISH IN DAY CHART WITH PRESENT PRICE AT THE SUPPORT LEVEL.
[Positional] BEL Price Action TradeBetting on a crackdown but anyways it is scary as the next month is the budget month.
Will share once I enter.
BEL swing tradeLevel's mentioned in chart For swing trading
For intraday buy above 102 sl 100 target 103 103.5 104 105++
BEL : Ringing the alarm bell for defence sectorsBEL has come out of multi week consolidation pattern. Volume on weekly breakout is high. BEL is all set for 124 level with stop loss below 101. Buy around at 109-106 range.
Note : We have already bought BEL in our portfolio.
Bel - Regular Bearish Divergence near ResistanceBel - Regular Bearish Divergence near Resistance. Have a look at the chart.
#BELCCI(D/W) crosses 100
BO12
Reversal confirmation
Gapup
TGC Alignment
Retracement from 61.8 fibo levels
Target 109
Duration 2 weeks
BEL heading towards 3 digitsstock poised to move towards 98/103 levels
entry around cmp with sl placed around 85
BELTaking support at the trend line. - 4 HR TF
If it comes down the targets are marked in YELLOW ... If not then resistance marked in RED.
Triple Bottom pattern in BELTriple bottom pattern was formed in BEL and also golden cross of 20 days and 50 days took place. OBV is increasing. We might see a target of ~115 Rs.
35k profit in BEL. Shorted at 95This trade is already executed and profits have been booked.
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