#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positional

Updated
BHARAT ELECTRONICS
Stock good support at around 190 levels & also stock up by 6.01% v/s NIFTY 50 down by -7.85% in last 1 month
With recent global news like sanctions on Russia and China has increased defense budget and India must follow all these must suit BEL, should raise on more orders.

Save bet to enter if it breaks the trend line just above 215/220 levels
With SL of 205 for short term and 195 for long term play.
Target will be 225-230-240

Buy for investment purpose for 25% return in near term or more

Note:
Above levels for education purposes only
Do your own analysis before taking any trade
Note
***For Short term Option Play***
For Short term Option Play-
Buy BEL 215CE @8.3/8.7
SL 6.2 & Target 12.75/16.2
BELChart PatternsFundamental AnalysislongsetupoptionbuyingoptionstradingpositionalTrend Analysis

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