2026-06-18 09:48:12 am | Source: Religare Broking Ltd
Stock of the day : Bharat Electronics Ltd by Target Rs. 466 - Religare Broking Ltd
Bharat Electronics Ltd
Buy Bharat Electronics Ltd CMP (Rs) 419.85 Range* 418-420 SL 405 Target 466
* BEL continues to exhibit constructive price action after establishing a firm base around the long-term moving average, reinforcing underlying strength.
* The recent breakout above the declining channel signals improving sentiment, while rising volumes during advances confirm renewed buying interest.
* The trend remains positive as price sustains above critical support while forming higher highs and higher lows.
* Investors may consider accumulating the stock within the indicated accumulation zone.
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