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Indyan
Aug 9, 2020 2:28 AM

BEL - FLAG Long

NSE:BEL60
BHARAT ELECTRONICSNSE

Description

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BEL formed a flag pattern on hourly chart and also has MACD positive divergence on 2hr TF. Retraced 61.8 and now at 38.2 . Targets on chart.

Trade closed: target reached

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FlagTrend LinesmacddivergencegoldenratioFLAG
Comments
VIPULAMI
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Sir can we short on this level or wait ?
Indyan
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@VIPULAMI, No shorting for now. It may consolidate and move upward.
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