Bharat Electronics (BEL): Breakout... Now what next!!!

Today, after almost 5 months of consolidation, the stock price of BEL gave a breakout above 228.

Buy zone between 228 and 240, with retracement support at 227.

Stop loss alert if price breaks below 217.

Probable target: 277.

RS is outperforming the benchmark, hence strong stock.

Note: Always define your stop-loss | Not a buy/sell recommendation, but personal analysis