BEL is stuck in a trading range of 190 and 220, maybe in a box if you can imagine it...whichever side it breaks, has a potential to move 30 rupees quickly..so keep it on your watchlist, with all this war raging and nations on the edge, this company is in a sector that can see increased orders in the near term... stock price is presently trading above its previous All time highs of 194 in 2018 and consolidating there..fib level suggests next target to be around 275 as long as 193 doesnt breach on the downside
Trade attivo:
trade has become active....stop loss is 220 on daily closing basis, targets already on chart