BEL ready to launch missile : watch out
BEL :- Some key points. All moving average +Ve
Today it managed to break 140.50 rs which was previous high made 2nd week Jan 2021 and faced resistance there. This time volume of day's candle exceeds that days' candle.
Jan OI had max Call writing on 140, and this Feb too it had max call writing but today -15% call writers left the positions..
Stock is heading for TGT of 145 & 150 in a missile like take off. Good that in last 4 days it created new lows..... so it has spring under the boots.
SL below Trendline. Enjoyyy
Today it managed to break 140.50 rs which was previous high made 2nd week Jan 2021 and faced resistance there. This time volume of day's candle exceeds that days' candle.
Jan OI had max Call writing on 140, and this Feb too it had max call writing but today -15% call writers left the positions..
Stock is heading for TGT of 145 & 150 in a missile like take off. Good that in last 4 days it created new lows..... so it has spring under the boots.
SL below Trendline. Enjoyyy
Trade active
SL :- 135 Hold it tight.Trade active
Trail your SL to 130 and hold patientlyTrade active
Till now made 1.18 profit in cash segment and 55k in options.Keep holding till 160
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