BEL 50% upside in 6 months

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Date: 19 July 2020
BEL (CMP 98)

Rounding bottom formation taking shape since the last 6 months. I will be keenly watching this stock. Looks promising for a 50% upside if the price breaks out the resistance of 105.

Target- 125, T2- 145, T3- 160; SL- 80
Target Duration- 6 to 7 months
Target date: 31 Jan 2021

Dagangan aktif
Buy BEL it has crossed 105 price level today. The rounding bottom pattern is now confirmed.
Tradingview.com/x/KvBEBIIt
Dagangan aktif
T1 Achieved and now going towards T2
Dagangan aktif
Stay invested....BEL reached till 154.95 on 04 March 2021. Will soon it will reach the target of 160.
BELChart Patterns

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