h24r24

BEL BULLISH

Long
NSE:BEL   BHARAT ELECTRONICS
BEL Closed at 98.75 with a stop loss of 92 then targets are 110-117-130.

Buying Reason.

1 --> Price can break out the level.
2 --> Volume also gives a breakout.
3 --> RSI is cross 60.
4 --> ADX is showing a Bullish move.
5 --> Bollinger Bands are open in the upside.

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