varadtambolkar

Bharat Electronics Target 87 Rs Stop loss 72-74

Long
varadtambolkar Updated   
NSE:BEL   BHARAT ELECTRONICS
As you can see Stock has broken out of narrow range with volume, it shall move up to 87 Rs. It may test the breakout level once. Wait for confirmation. at that level your Stop loss will be low and reward will be higher. Star booking partial Quantities above 85 level. Do you own analysis before taking a trade.
Trade closed: target reached:
Made a high of 86.8
You can exit as tomorrow are results an it is trading resistance.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.