bijoy2526

BEL some retracement ?

bijoy2526 Uppdaterad   
NSE:BEL   BHARAT ELECTRONICS
BEL has been one of the outperforming stock.
I had this chart with me many days back.
It has achieved target 3 yesterday.
But at this stage my stand is neutral.
It can continue its upjourney but may retrace.
This is not a recommendation to short it.
And this is my study not any trading recommendation.
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Please go through my post of bank nifty in recent times.

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This is weekly chart.

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