BEL can be a good breakout swing trade
Updated
BEL stock is in uptrend from past few years and currently, it has given a breakout from a trendline resistance.
I personally don't prefer breakout trading but the setup is looking nice above 104 with a small SL below 101.5 DCB.
Kindly trade as per your own analysis and consider this idea for educational purpose only.
I personally don't prefer breakout trading but the setup is looking nice above 104 with a small SL below 101.5 DCB.
Kindly trade as per your own analysis and consider this idea for educational purpose only.
Trade active
Gave breakout yesterday and today 106.3.Trade closed: target reached
Target reached. 111.5 today's high
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