PortfolioBuddy

BEL looks to be fantastic for long term above 190

Long
NSE:BEL   BHARAT ELECTRONICS

#BEL looks to be a eligible counter for breakout/pyramiding above 190 , which is also the ATH and Multiyear breakout

The weekly charts are showing sideways formations/gradual higher high for about 8 weeks and the daily charts are showing smaller moves

The volume have dried on the counter and the stock is awaiting a breakout move

Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions

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