as in above chart B.E.L formed a triangle pattern which it further gave an breakout & as per the triangle pattern theory after giving the breakout the price will move upto the height of 1st swing of the pattern, As we can see it moved actually and we are seeing the consolidation phase in the chart which confirm us that the price will be soon be in correction phase.
-----also we can see the increasing volume , dividend(which may create a downfall in prices) and MACD C/O is about to be in coming days----- NSE:BEL