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.Longby boimeetei0
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 Longby sreebhashyam2
BEL Price action BEL seems to come out of box along with making a reverse head and shoulder pattern. Trade with targets of upto 170 , keeping stop loss at level of right shoulder i.e. around 88. The company also seems to improve fundamentally with healthy dividend payout , almost debt free and increased cash flow and assets.by lakshya_devani1
Inverted Head & Shoulder Breakout in BELMultiple factors adding in for it's upside till 180: - Inverted H&S Breakout - Broke Major Resistance Level - Good VolumesLongby niveshcontrol1
BEL Long with 1:4 R:R ratio cmp:- 126Inverted H&S. TL break and successful retest. Successfully sustained above 120 with increasing volumes. Go long at 126 with SL of 115-120(Daily closing basis) Target:- 150+ Span:3 to 6 weeksby SwapnilDevi2
Inverse (bullish) H&S in BELNSE:BEL is forming an inverse Head and Shoulders pattern. Look for volume trigger to enter the trade.Longby TradeCentral_IN0
BEL chart after last trading session on 1st Jan 2021Check the Before and After chart. This is the after chart.Longby pratik0512880
Bel swing trade in weekly chart breakoutBel breakout ready for trade on closing basisLongby GTM_DY_TRADER2
Buy in BELBEL is good for short term buying, as it is giving breakout with volume. I am personally bullish on this stock for short termLongby SANGUINESACHIN3
BEL- CMP 118.25BEL- CMP 1.25 - BEL is showing a sort of inverted head and shoulder pattern. With todays upmove it is confirmed. Volumes are also very good. RSI rising MACD rising. Longs can be initiated with SL of 110 for target of 123.5, 130, 140+ This is for educational purpose only and consult your financial expert before investment.Longby avlnrao63226
BEL- CMP 114.9BEL- CMP 114.9 - BEL is trading in ascending channel pattern. It has fallen recently from upper end of the channel and taken support at bottom of the channel and is going towards upper end of channel. It can go up to 123 initially and can further move up to 130 levels soon can buy with a sl of 109. This is for educational purpose only and if any trade is done shall be with the advice of financial experts.Longby avlnrao637
Inverse Head and Shoulder on BEL ?BEL at critical juncture providing good RR for a Long trade.Longby santosh_dts0
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. Longby PriceVolumeRider0