BEL looks bullish on Daily chart with the following analysis.
NOTE: DO YOUR OWN DILIGENCE BEFORE INVESTING.
1. 20 DAY EMA confirms the bullish signal on 11th Oct. which is also a breakout point in the bullish flag pattern.
2. Ichimoku Conversion line is above the Base line with the Green cloud still taking it further up.
3. MACD line is about to cross Signal Line.
4. RSI sitting at 62 Which is still a good buy sign.
5. Since the price is the all time highnad R1:214,R2:226 R3: 252 as per TA.
NOTE: DO YOUR OWN DILIGENCE BEFORE INVESTING.
1. 20 DAY EMA confirms the bullish signal on 11th Oct. which is also a breakout point in the bullish flag pattern.
2. Ichimoku Conversion line is above the Base line with the Green cloud still taking it further up.
3. MACD line is about to cross Signal Line.
4. RSI sitting at 62 Which is still a good buy sign.
5. Since the price is the all time highnad R1:214,R2:226 R3: 252 as per TA.