📊 Defense PSU Rally – BEL Follow-Up
BEL
🔋 Bharat Electronics (BEL) (CMP ₹399, +3.7%)
BEL surged past the ₹390 resistance zone with rising volumes. The stock is now testing ₹400 levels with RSI near ~64, signaling renewed strength. Sustaining above ₹400 could open room towards ₹415–₹420. Support now shifts higher to ₹380. On fundamentals, consistent order inflows and strong Q1 performance reinforce long-term growth visibility
#Post-ClosingCommentary#FundamentalViews#TechnicalViews#EquityResearch
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