Its also looks like ascending trianlge which is a trend continuation pattern suggesting further upmove....
BEL is about to breakout from a year long consodilation.... Volume is also supporting the move....Long position can be initiated in BEL......
100 point gained within 7 days.... Further upside is expected...
1650 is the first target. Holding the position till 1650 is achieved.
Trade closed: target reached:
Target achieved... stock was splitted so new target was 165... in fact it made high of 180..