📊 Bharat Electronics Ltd (BEL) – Fresh Upside Expansion
BEL
🔹 BEL has given a decisive upside breakout after a prolonged range.
🔹 Price is well above rising 9-EMA, indicating strong trend continuation.
🔹 Volume spike confirms institutional participation.
🔹 RSI ~72 → bullish momentum intact.
📌 View: Momentum-driven uptrend; strength likely to continue if price holds above EMA.
📌 Bias: Buy on minor pullbacks / Trail profits
⚠️ Watch: Any sharp reversal with volume near highs.
#TechnicalViews#FundamentalViews#EquityResearch
834 likes·47 comments

















