BEL 325 + on cards
Multiple reasons I see BEL to reach 325 in 1-2 month timeframe.
1. I see breakout in one hour chart. and retest for the same (Ready to fly if sustain 295 levels )
2. Data of futures on 27/09/2024 has the highest open interest with 2247.71% change in OI after 28/07/2023 when it has 2292.24% OI change
3. Defense sector moving out of the consolidation.
4. Long buildup in calls until 310 and short buildup on put side gives a good insights of moving upward.
5. Big news on Friday on JV with Israel company approval.
6. Stock being added into Nifty 50.
Please see the chart for my levels.
Seeing all this I see a good upward move in the stock in upcoming days.
Disclaimer: I'm not a SEBI registered Analyst. I Analyze stocks based on my learnings and this is for educational purposes please do your own research before investing.
1. I see breakout in one hour chart. and retest for the same (Ready to fly if sustain 295 levels )
2. Data of futures on 27/09/2024 has the highest open interest with 2247.71% change in OI after 28/07/2023 when it has 2292.24% OI change
3. Defense sector moving out of the consolidation.
4. Long buildup in calls until 310 and short buildup on put side gives a good insights of moving upward.
5. Big news on Friday on JV with Israel company approval.
6. Stock being added into Nifty 50.
Please see the chart for my levels.
Seeing all this I see a good upward move in the stock in upcoming days.
Disclaimer: I'm not a SEBI registered Analyst. I Analyze stocks based on my learnings and this is for educational purposes please do your own research before investing.
Note
watch out for 295 levels it should sustain above this level on Monday. 
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