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BEL

BEL: A Comprehensive 4-hour Frame Technical AnalysisHello Traders, Today's focus is on BEL, a prominent member of the crypto market. At this moment, BEL's market price stands at 0.8777. Vital Technical Indicators An examination of BEL reveals several key insights: Relative Strength Index (RSI) and Stochastic: The RSI is at 69, and the stochastic is at 71. These figures, being close to the overbought threshold, suggest that BEL might be overbought and due for a potential correction. Bollinger Bands: The current price of BEL lies between the middle (0.7902) and upper (0.9017) Bollinger bands. The lower band is at 0.6788. The proximity to the upper band may suggest an overbought market condition. Volume Oscillator: The volume oscillator stands at 8.47%, showing a slight increase in buying volume. MACD: The MACD value is positive at 0.0383, suggesting a possible bullish momentum. However, this bullishness might be questioned, given the high RSI and stochastic values. Fibonacci Levels: The Fibonacci levels for the 4-hour timeframe stand at 0.7053 (1 Fibonacci), 0.7601 (0.5 Fibonacci), and 0.8149 (0 Fibonacci). These levels could act as potential support or resistance points. Support and Resistance: There's a support area at 0.8493 and two resistance levels at 0.9253 (local) and 1.0194 (solid). Traders should watch these levels closely. EMA 100: The 100-period Exponential Moving Average (EMA) is at 0.7242, which is below the current price, serving as a dynamic support level. Closing Remarks Given these indicators, traders are advised to closely monitor BEL for potential trading opportunities. The interplay between price action and these technical indicators may provide insights into the future market trends of BEL. As always, trading is subject to risk. Perform your own research and consider your risk tolerance before making any trading decisions. Stay tuned for more updates on BEL and other digital currencies. Happy trading!
by ShawnMCR
10
nebl prepared up to 10xAgainst the background of delisting from the binance exchange on the nebl coin, unique conditions for purchase have formed. Thanks to binance, technical marks were left on the retest of the range of 2.5-3.5$, which are the goal and will be worked out in the long term. The main buying zone is a strong support in the range of 0.125-0.210. The minimum target for growth is a retest of the first resistance at $ 1.25-1.5. When this price is reached, the profit already reaches 800-1000%. After delisting, the deadline for price growth remains a difficult issue. In a very positive scenario, a sharp increase is possible already this month with a reversal of the monthly candle. With a more negative trend, it will be smooth with the achievement of the goal in a few months. However, the probability of growth remains high and the coin is well suited for medium-term investment. There is a high probability of listing on new exchanges with such a technical picture. Among the more liquid coins that are traded on binance, I continue to work with uft pros vib cvp torn perl for pnt and asr atm fantokens. The likely targets for them in the near future reach 300%.
Long
by Strateg_
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
This stock is at a crucial level.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 took place on Monday. Always look out for this type of gaps. If at all this level comes dont forget to bet on contra positions. Go long even if its downtrend.
NSE:BELLong
by RavRutvik