BEL – Setting Up for a 5% Move-Swing Trade

Dec 25, 2025

BEL – Setting Up for a 5% Upside Move 🚀

BEL has taken strong support near ₹385–388 and is now reclaiming key moving averages with improving momentum. With the upcoming Union Budget expected to favor Defence spending, sentiment & flows remain supportive.

📌 Trade View

CMP: ~₹400

Targets: ₹420 (near-term), ₹431 (extendable)

Support: ₹388

Stoploss: ₹382 (strict)

💡 Why?

Strong bounce from key demand zone

Reclaiming trend levels + improving structure

Budget tailwinds + Defence sector strength

Trend intact. Dips buying. Ride the move! 🐊🔥

Jan 8

Trade active

Target-1 , has been HIT today,

Jan 31

Trade closed: target reached