BEL has begun its downtrend and is expected to retrace to specified levels. It would be an excellent purchase if one can acquire this stock around the 270/250 levels. In the upcoming March-April period, this stock will likely reach the 400-450 levels. We recommend entering this stock at the aforementioned retracement levels. If it breaks the first level, then exit and wait for the second to minimize losses and re-enter at the lowest point.
Chart PatternsTrend Analysis

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