BEL seems to come out of box along with making a reverse head and shoulder pattern. Trade with targets of upto 170 , keeping stop loss at level of right shoulder i.e. around 88. The company also seems to improve fundamentally with healthy dividend payout , almost debt free and increased cash flow and assets.
The stock seems to move in a price range , waiting for a news (Of railway reopening) to jump upto 1900 price range with a profit - loss ratio of 6.25. trade with stop loss near 1300.
