Bharat Electronics (BEL): Breakout... Now what next!!!
Today, after almost 5 months of consolidation, the stock price of BEL gave a breakout above 228.
Buy zone between 228 and 240, with retracement support at 227.
Stop loss alert if price breaks below 217.
Probable target: 277.
RS is outperforming the benchmark, hence strong stock.
Note: Always define your stop-loss | Not a buy/sell recommendation, but personal analysis
Buy zone between 228 and 240, with retracement support at 227.
Stop loss alert if price breaks below 217.
Probable target: 277.
RS is outperforming the benchmark, hence strong stock.
Note: Always define your stop-loss | Not a buy/sell recommendation, but personal analysis
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