Six Key rules in trading (Discipline/Patience/SL&TP/Less trade to make big money/Protect your trading capital and consistency) We should work on our process, not the outcome of our processes. The share market always has unpredictable fluctuations. I often make wrong judgments; everyone should learn to manage risk by themselves. Always remember you have to protect...
BEL BO of chart. this is weekly chart analysis of BEL chart
Risk Reward Ratio 1:2 , take 5% risk from your capital. Once price move half profit then move the stop lose to its entry point. Don’t close the trade in-between . Don’t book partial profit , wait for the target to achieve
The 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...
Bharat 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,...
5 Step Analysis of BEL Stock 1. On Daily TF we can see the stock has break the trendline with high volume and give closing above trendline 2. Volatility and momentum build up on daily, weekly and monthly basis 3. Closing Given 20DMA above which is positive signal for stock 4.Short term trend is going positive 5. Stock will give closing above 98.3 then we can see...
NSE:BEL Bharat Electronic Ltd. good buying time triangle pattern
Stock is maintaining its supportive trendline since long time in weekly TF, watch chart for support and target,
Stock is moving maintaining its supportive trendline, one can again see its ATH target.
Trade Plan Long @ 101.35 SL 94.2 TP 109.55 bullish indications with multiple confluences.
Bel a good pick for a momentum upmove trade Pick from a defensive sector ahead of financial budget for the year 2023 stock have been trading in a range since few days and in last trading session it has made a good bullish hammer 🔨 on a daily time frame above 103 it can fire Only for educational purposes Ask your financial advisor before buying Education: a...
Bel in range for 14 days 96 below and 100 on up side. If 100.5 is broken can do 105 , 111,114 on upside. If 96 is broken can do 93 , 91 , 83 on downside.
BEL CMP 100.80 Buy above 102 SL 95 Target 108/110/120 Swing/Positional Looks good for short term.
Bel in my radar expecting pending order trigger soon option trader wait for perfect confirmation swing can enter now all levels shared here for educational purpose.we are not sebi registered
NSE:BEL is strongly sustained above major support of 106. My idea is to take entry at level of 106.50 with stop loss of only 2.5 Points (SL 104). Will hold till targets of 110 & 119 Note: This is my personal analysis, only for learning. Thanks.
Few things to look out, 1. Weekly Doji Candle. Next week closing will decide the momentum for this stock. I am inclined towards positive momentum. One weekly closing above 107.65 will ensure new uptrend. 2. Daily chart is also given. Fibonacci Retracement went just above 0.5 level. This indicates healthy retracement. 3. Major uptrend started from the gap which...
Hi all, hope you guys are doing well. In this post, we are going to see how we can combine different indicators/concepts to create confluence zones and find high-probability trades. Introduction A trade that has a greater chance of success than a regular trade is called a high-probability trade. Obviously, it's our assumption that some trades have higher...
BEL CMP 110.30 Buy above 111 Target 125/130 Swing/Positional Looks good for short term.