Bharat Electronics Limited
Long
Updated

BEL Chart Analysis !!

54
📈 BEL 📉

My Findings :-
1. In Consolidation Since Last Six Months.
2. Breakout from a Swing High and Resistance Both at the same time.

Bias- Long
Target- 270 and 300
SL- 205
RR- 1:2

All Important Supports and Resistances are drawn in chart. All levels are on closing basis.

Please have a look and revert back if you need some more study on it.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade active
Trail SL to 237
Trade closed manually
Trailing SL hit

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