BEL

Fundamental View ✅ BEL remains one of India's strongest defence PSU companies with a healthy order book and strong government support under the "Make in India" and defence indigenisation initiatives. ✅ The company has consistently delivered healthy revenue growth, strong cash flows, and a virtually debt-free balance sheet. ✅ Rising defence spending, radar systems, missile electronics, communication systems, and export opportunities continue to support long-term growth. Technical View Immediate Support: 400–405 Strong Support: 385–390 Immediate Resistance: 430 Major Resistance: 450 Breakout Zone: Sustained close above 450