BHARAT ELECTRONICS LTD
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Range breakout | Impulse of bull start

573
hi Traders,


1. The swing formation is solid
2. BEL has taken the ascending trend line support.
3. The the range bound is weekly has broke upward, leading to impulse wave of bull trend.
4. Projected Target 1 and Target 2 with 20% and 40% returns from the CMP with 1:81 and 1:4.01 risk reward ratio respectively.

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