Mayur_Undale

BEL - Long call_Target 97.65

Long
Mayur_Undale Updated   
NSE:BEL   BHARAT ELECTRONICS
19 June 2020
BEL : CMP 80.05
Inverted Head and Shoulder pattern is completed today. The breakout candle with strong volume buying from the last 3 sessions confirms the pattern.

BEL is in the business of Aerospace and Defense manufacturing. Amid India-China stand-off in eastern Ladakh, the government is considering a proposal to buy 21 Mig 29 and 12 Sukhoi Su-30 MKI fighter aircraft from Russia, according to a government source. Please read the news on google.

Buy for target of T1 - 84.50, T2 - 91, T3 - 97.65; SL - 73
Duration - 31 Aug 2020
Trade active:
T1 achieved
Trade closed manually:
T2 & T3 achieved.

All targets reached.
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