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BHARAT ELECTRONICS LTD.BB

BHARAT ELECTRONICS LTD.

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BEL trade ideas

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?
NSE:BEL
by Hardikjethwa
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
NLong
by sreebhashyam
BEL breakout on Weekly ChartNSE:BEL BEL on weekly chart finally seems to be given valid breakout to major level of 118. Which looks good for short term and well as swing traders. BEL on week of 7th December 2020 had already try to give breakout to the same level but it had face solid rejection there, after closing of the last week (14th December 2020) I can say that the supply which cause the rejection we are seeing on 7th December candle was actually absorb by the bulls and the result of the same is last weeks bullish closing which also manage to close above 118. Do note level of 85 is become strong support for this counter for future trend and next resistance for BEL if 178 which actual a lifetime high for now and as per current trend of BEL its looks like its about to make new lifetime high.
NLong
by PriceVolumeRider