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BEL study (multi year channel)

1) BEL has been trading within a channel since late 2014 2) Current week candle has broken the channel median line and trading below 26 week simple moving average 3) Could test the channel bottom.135-140 zone could be important support. Looking forward to buying after bounce at channel bottom

tushargupta1991 tushargupta1991 BEL, D, Long ,
49 1 2
BEL, D Long
Another long opportunity in BEL

Bharat Electronics has completed an A-B-C flat correction (refer to the link attached of previous post on BEL) and is headed for all time highs. If you missed the first long opportunity, then can enter again.

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