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pandasangram27
Oct 16, 2021 3:09 PM

BEL ready for breakout TARGET @245 

BHARAT ELECTRONICSNSE

Description

BEL ready for breakout TARGET @245
BUY @215
TARGET 250
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Rationale : As you can see it maintains a support at 200 and resistance at 212. BEL is a very good company having strong fundamentals. So the diminishing triangle is forming with Higher-LOWs and will result a breakout soon.

Long-term investors can buy @200.

Wish you execute successfully.
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Comments
CoolHeadMonk
what is the time horizon for 245 target?
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