BEL some retracement ?
Updated
BEL has been one of the outperforming stock.
I had this chart with me many days back.
It has achieved target 3 yesterday.
But at this stage my stand is neutral.
It can continue its upjourney but may retrace.
This is not a recommendation to short it.
And this is my study not any trading recommendation.
Don't forget to like my post.
follow me to get updates.
Please go through my post of bank nifty in recent times.
I had this chart with me many days back.
It has achieved target 3 yesterday.
But at this stage my stand is neutral.
It can continue its upjourney but may retrace.
This is not a recommendation to short it.
And this is my study not any trading recommendation.
Don't forget to like my post.
follow me to get updates.
Please go through my post of bank nifty in recent times.
Note
This is weekly chart.
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