Bharat Electronics Ltd - Breakout Opportunity
Date: 15-Feb-2024
Rating: Buy (Mid Term as well as Long Term Opportunity)
LTP: Rs. 185.95
Targets: (1) Rs. 195 --> (2) Rs. 210 ++
SL: Rs. 178
Technical View:
BEL has break out from its secondary down trend within primary uptrend. RSI has crossed 50 and MACD is above 0. Indicating bullish sign for coming days.
Company Info:
BEL is a multi-product, multi-technology, conglomerate that provides products and systems to India's armed forces in areas of Radars and fire Control Systems, Missile Systems, Communication and C4I systems, Electronic Warfare & Avionics, Naval Systems & Antisubmarine Warfare Systems, Electro Optics, Tank Electronics & Gun Upgrades, etc.
Products and Services: ORA Weapon System, Lithium Ion batteries and fuel cells, Renewable Energy, Space Electronics, Network and Cyber Security, Railway and Metro.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Rating: Buy (Mid Term as well as Long Term Opportunity)
LTP: Rs. 185.95
Targets: (1) Rs. 195 --> (2) Rs. 210 ++
SL: Rs. 178
Technical View:
BEL has break out from its secondary down trend within primary uptrend. RSI has crossed 50 and MACD is above 0. Indicating bullish sign for coming days.Company Info:
BEL is a multi-product, multi-technology, conglomerate that provides products and systems to India's armed forces in areas of Radars and fire Control Systems, Missile Systems, Communication and C4I systems, Electronic Warfare & Avionics, Naval Systems & Antisubmarine Warfare Systems, Electro Optics, Tank Electronics & Gun Upgrades, etc.Products and Services: ORA Weapon System, Lithium Ion batteries and fuel cells, Renewable Energy, Space Electronics, Network and Cyber Security, Railway and Metro.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Catatan
Update: 22-Feb-2024--------------------------
LTP: 194.75
1st Target of 195 reached.
NEXT TARGET: 210
Catatan
Update: 4-Mar-2024------------------------
LTP: 209.60
2nd Target of 210 reached. 13% up from the suggested level.
NEXT TARGET: 234
Trading ditutup: target tercapai
12-Mar-2024:Broke down the minor uptrend line. Closing the call and exiting.
Suggested at: 185.95
LTP: 204.25
Profit: 10%
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.