BHARAT ELECTRONICS LTDUpdated

BEL | Inverted Head & shoulder Breakout 🎯

11 528
positional Trading opportunity ! Weekly Chart Alert !!!

--Buy Above =126 or CMP
--Target = 157 | 190
--Stop-loss = 105
--R:R = 3.16
--Expected Profit = 50 %
--Expected Holding = 3 months only

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Technical Reasons to trade or Strategy applied :-

1) Bel has formed inverted head & shoulder Pattern
2) breakout happened & can retest
3) volume is too good
4) target is also based on resistance zones

Guys check out the related ideas as well, it will work really well GUARANTEED !

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Note
stock is coming for the retracement , so those you missed the chance to enter can find the good opportunity to enter again, good luck
Trade closed: target reached
1st TGT HIT
Note
Heading towards 2nd TGT , keep holding
Note
About to achieve the TARGET
Note
Start booking your full PROFIT CMP 184
Trade closed: target reached

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