BEL

stock price analysis

The fundamentals of the company is good The company is almost debt-free The company has delivered good profit growth The company has a good return on equity (ROE) track record The current ratio is 1.7, which means the company has sufficient current assets in comparison with its current liabilities Promoters holding is 51.1% Current market price 0.9 important support level 410 bullish until the stock price is above the level of 401 A further rise in stock price may be seen, and it may move towards the level of 440 RSI is currently at 77.65 which indicates that the stock is trading at over bought zone The candlestick also forms outside the upper band of the Bollinger Band, so the investor should be careful