BEL: CMP: 363.90 RSI: 80.47
BEL is consistently making new highs and is currently in a strong uptrend. The RSI indicates that the stock is in the overbought zone, following a sharp price expansion over the past week. Wave analysis suggests there is still an upside potential of 20–22% from current levels. However, some consolidation around these levels is likely in the near term. BEL could be a good trading candidate if approached with the following strategy:
Entry: 346-335
Target: 435
Stoploss: 318 (on closing basis)
✅ For more trading ideas like this, make sure to share and follow my Idea Stream! ✅
BEL is consistently making new highs and is currently in a strong uptrend. The RSI indicates that the stock is in the overbought zone, following a sharp price expansion over the past week. Wave analysis suggests there is still an upside potential of 20–22% from current levels. However, some consolidation around these levels is likely in the near term. BEL could be a good trading candidate if approached with the following strategy:
Entry: 346-335
Target: 435
Stoploss: 318 (on closing basis)
✅ For more trading ideas like this, make sure to share and follow my Idea Stream! ✅
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.