BEL trade ideas
BEL given breakout from Falling wedgeBEL given breakout from Falling wedge also taken support from 200dma RSI breakout also done
BEL Set to go 160,190 mid termBEL Sustaining strong above weekly resistance
It may touch 160,190 in 3 to 12 months
Educational purpose
BEL Bullish wolfe wave Bel has bullish wolfe wave along with bullish shark on 15 mins TF.Target on chart
BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?
BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?
BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?BEL IN COSOLIDTION SEEMS LIKE ACCULULATION OR DISTRIBUTION WAIT AND WATCH?
BEL long term AnalysisAny of my investment or trades I share are provided for educational purposes only and do not constitute specific financial, trading or investment advice. This is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.
BEL - The new cat for the bulls. Bharat Electronics, broke the important resistance line. The significant point note is the couple of formations (cup and handle and Inv Head and Shoulder) that it has printed in this journey. Earlier occasion also it did try 120 and corrected towards the 90 handle. Now the higher base is around 108 (for medium term buyers) and near term the 118.00 handle remains as stops. Buy side is preferred as the stock has much higher potential to print (part of the Secular PSU and Make in India movement). Stay Long
