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2026-01-06 10:46:09 am | Source: Religare Broking Ltd
Stock of the day : Bharat Electronics Ltd by Target Rs. 442 - Religare Broking Ltd
Stock of the day : Bharat Electronics Ltd by Target Rs. 442 - Religare Broking Ltd

Bharat Electronics Ltd

Buy Bharat Electronics Ltd CMP 413.80 Range 412-414 SL 398 Target 442

* BEL has registered a fresh upside breakout, with prices rebounding decisively from the recent consolidation phase, indicating a constructive technical setup.

* higher lows suggests sustained accumulation at lower levels, further validated by an improvement in traded volumes.

* The broader view remains positive, and the current configuration supports bullish continuation with further upside potential.

* Initiating long positions at prevailing levels may be considered from a risk–reward perspective.

 

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