Stock of the day: Buy Bharat Electronics Ltd For Taget Rs.128

7/06/2023 10:25:20 AM | Source: Religare Broking Ltd

Stock of the day: Buy Bharat Electronics Ltd For Taget Rs.128 - Religare Broking

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Bharat Electronics Ltd

* Seeing a consistent uptrend in the defense -related stocks and BEL is trading in sync.

* Recovered strongly after retesting the major support zone around 90 levels.

* Trading at a record high. Expect the prevailing trend to continue.

* We thus recommend creating fresh longs in the mentioned range.

Technical Chart : Daily

Buy Bharat Electronics Ltd CMP 118.05; Range 117-119; SL 113; Target 128

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Stock of the day: Buy Bharat Electronics Ltd For Taget Rs.128 - Religare Broking

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