As we discussed in the previous post, BEL is trading in parallel zone pattern and can break out at any moment.As nifty is also moving up from an support zone I hope the chart will move on the upside. With proper confirmations this trade could be taken with a good R:R.
The link to the previous post is attached below..
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.