is consistently making Higher Highs and Higher Lows. Looking at the movement from 2024 into 2026 BEL has transitioned from a consolidation phase (between 240–320) into a breakout mode. It is currently trading near its all-time highs around the 449 level.
Recently resistance the recent peak near 460 is the immediate hurdle. A sustained close above this could trigger a fresh rally. Recently support the 420–400 zone which previously acted as resistance is now a strong Support. Major support the 380 level is a critical psychological and structural support zone.
The V shape Recovery after the dip in late 2025 the stock showed a sharp recovery reclaiming lost ground quickly. This indicates strong institutional buying interest. Volume there are noticeable volume spikes during upward moves confirming that the big players are backing the price rise.
Based on the current chart if the stock breaks the recent resistance level of 450–460 and manages to give a closing above it with high volume we could see a strong short-term momentum or a fresh rally.