BEL Breakout Setup: Cup & Handle Pattern with VCP Confluence

This chart highlights a bullish setup in BEL, where a classic cup and handle pattern forms alongside a visible Volatility Contraction Pattern (VCP) near the all-time high (ATH) resistance at 435.85. The stock is consolidating above the demand zone, supported by rising moving averages and a clean base, suggesting strength. A breakout above ATH with VCP confluence signals a potential momentum move, making this a high-probability trade for trend-following traders.