Bharat Electronics cmp 289.50 by Daily Chart view

Bharat Electronics cmp 289.50 by Daily Chart view
- Falling Resistance Trendline Breakout done
- Stock chart has formed Bullish "W" or Double Bottom
- Volumes are seen timidly rising over the past few days
- Daily Support at 270 > 250 > 229 with Resistance at 302 > 324 > ATH 340.50
- Technical Indicator parameters like EMA, MACD, RSI seem to be getting on the positive front once again
- Stock was trading well between the 265 to 309 price range before making breakout but retraced back by profit booking