BHARAT ELECTRONICS LTD
Long

Time and tested levels for BEL - can it move again?

2792
BEL is approaching very strong weekly resistance again. Crossing above it has given very good move in the past. Also formed an inverted head & shoulder pattern at resistance level. Can be good for long if close and sustains above this hurdle. The height of inverse head is Almost similar to the required points to achieve ATH levels. For educational purpose.

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