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BHARAT ELECTRONICS LTDBHARAT ELECTRONICS LTDBHARAT ELECTRONICS LTD

BHARAT ELECTRONICS LTD

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BEL trade ideas

BEL - 240 MIN TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:BELShort
by Tradelikemee
Next down move may start soonThe rise from 88 have been all corrective and can be marked an X wave. Currently price is taking resistance at 20 Weekly SMA and upper end of the downward sloping channel. One more up leg is not ruled out which may break the channel line temporarily. We expect the next leg down to below levels may start post completion of the upmove - 77 - 38.20% retracement of whole rise from 2020 lows - 66 - 50% retracement levels. Lets see how this develops.
NSE:BEL
by riskOmeter
BEL trying to ring the right bellsBharat Electronics is a Navratna PSU under the Ministry of Defence (Government of India). Company is also known as BEL. Company manufacture state of the art electronic product and system for the Army, Navy and the Air Force. CMP of the stock is 97.55. Negative aspect of the company is FIIs and MFs are decreasing stake. Positive aspects of the company are no debt, zero promoter pledge, improving annual net profit, and improving quarterly net profit. Entry in the stock can be taken after closing above 98.5 Target in the stock will be 103.9. Long term target in the company can be 110 and 114+. Stop Loss should be maintained at a closing below 87.
NSE:BELLong
by Happy_Candles_Investment