BEL can be a good breakout swing trade

تم تحديثه
BEL stock is in uptrend from past few years and currently, it has given a breakout from a trendline resistance.
I personally don't prefer breakout trading but the setup is looking nice above 104 with a small SL below 101.5 DCB.

Kindly trade as per your own analysis and consider this idea for educational purpose only.
تم فتح الصفقة
Gave breakout yesterday and today 106.3.
أغلقت الصفقة: تم الوصول للهدف
Target reached. 111.5 today's high
BELbreakoutconsolidationlongsetupTrend Analysis

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