BEL trade ideas
Bharat Electronics Limited (BEL) Short-bullish ViewBharat Electronics Limited (BEL)
I am seeing short-term bullish potential in BEL.
This is for educational purposes only.
BHARAT ELECTRONICS in my Watchlist! Big Short Setup FormingBHARAT ELECTRONICS in my Watchlist! Big Short Setup Forming
The last long trade from 12 April, 2023 is at its reversal point giving us a 170 gains in 518 days.
If today's 1D candle turns red, this could be a good short entry for long term traders and swing traders in 1D time frame.
I will update this trade post 3:30 if this candle turns red and confirms a Short trade.
Let's see how it goes from here.
DYOR before following other's trades blindly.
BEL -buy with stops Taking support at 280 i.e .238 % of retracement and MACD suggesting buying interest Stock looking bullish with a stop of 280 or Wave a of 4th might have ended here and stock can chug lower to .382% retracement of rs 244 ( likely scene ). will have to see how much b wave travels ( recovery).
BEL LONG BEL as of now SWap from Daily Supply
Current BUY Level 280-300 Zone
There is mutiple Support on This Area
any Upside Closing above 324 will act as strong uoside movement till 430 level
BEL Broken from ResistanceBEL NSE:BEL has broken out of resistance. Today there is a chance of Dips to 318, but at that level to a Target of 340 first and if it breaks out there, then Next Target would be 390
Review and plan for 30th July 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
Stocks to watch - included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BEL: Bullish Divergence & Ascending Trend — Breakout Imminent!BEL shows promising bullish divergence and a strong ascending trend line. With a potential breakout on the horizon, now might be the time to watch this stock closely. Get ready for the next move!
#BEL #Divergence #TrendLine #StockAlert
BEL may riseWith upcoming quarter results go best with BEL, this share will have gap-up on Monday morning,
Currently the stock is on good support level of 20 DMA.
Company has good presence in defense sector exports, good international presence, also have good order book. Thus, we can expect good rally in this equity share.
BEL Bullish Divergence & Ascending Trend LineBullish Divergence in RSI
Ascending Trend Line
Reversal from Recent Support
BEL near strong support BEL is trading near it's strong support 303. Might be a good bet from 297 to 303 with SL of 296.
BEL Breaks Resistance with Ascending Trend LineBharat Electronics Limited (BEL) has broken out of resistance with strong volume, confirming a bullish momentum. The stock is following an ascending trend line. Traders should watch for a target price of 365 with a stop loss set at 320. Keep an eye on this stock for potential gains.
BELStock is in super bullish trend..
one can enter at 272 levels and wait for targets 322, 385 and 487
Stop loss 229
**Swing Trade Recommendation: Bharat Electronics Limited (BEL)** **Company Name:** Bharat Electronics Limited (BEL)
- **Type of Trade:** Swing Trade
- **Entry Price:** Above 320
- **Short-term Stop Loss:** 301.55
- **WCB Targets:** 360, 380, 400, 405.45
- **Long-term Stop Loss:** 280
- **Default Disclaimer:** "I am not SEBI registered. Consult your advisor first."
**Fundamentals:**
Bharat Electronics Limited is a state-owned aerospace and defense company with a strong market presence in India. It manufactures advanced electronic products for the defense sector. The company has shown consistent revenue growth and profitability, backed by robust order books and government contracts. BEL's focus on R&D and diversification into non-defense sectors provides a promising growth outlook.
Please ensure to review the chart and fundamental analysis before making any trading decisions.
BEL TARGET IS 338 STOP LOSS 302Script is strong good retracement from the uptrend channel support of 302 and closed above the strong selling resistance of 311 with good bullish high volume. Possible to reach the first target of 323 and next 338
BEL : Stride of 50 begins Once againOne can observe that BEL shown up a tendency to move 50 points from each break out level of a previous swing.
On the chart I tried to depict the same.
Hope it would work this way.
Follow your own risk management
Chart Analysis of BELBEL looks good on chart. Though few institutes have downgraded as expensive. It's worth to be part of your portfolio from long term perspective. There is gap up being noticed since the election results were announced and i believe it to go further. Provided support and resistance. If it goes down south then ignore it.
BEL 1HOURwait for the breakout and retest.
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I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
Kingdom of BullsBeautiful reaction from the daily Order Block. I would have liked to have seen a deeper retracement to at least 50% of the range. But then what a run.
BEL SWING TO POSITIONAL TRADEBEL looking good for swing and positional trades with a decent stoploss and good Targets
ENTRY - 225.5
STOPLOSS - 222
TARGETS - 235, 240++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
If you like or trade my idea please like it or boost it
As predictedAs assessed price has moved lower over the week. There are plenty of scalping opportunities but for a swing trade with significant Price movement I would like to see some volatility lower first.
BEL is poised for an upward momentum upto 15%BEL has seen a good breakout of 52 week high on daily TF after almost a consolidation of 30 days weeks with good volume on daily TF.
The company has increased institutional investing, govt interest and a healthy QoQ growth for the last 3 quarters to add to strength.
Good for swing traders to hold for 15 days.
Entry - INR 220 (Trade Initiated)
SL - (Day Low)
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
