One of the trendiest stock write now is Bharat Electronics Ltd.
Let’s learn about it’s Technical Analysis, If we should Buy it or short it,
This is a 2 hour chart of Bharat Electronics and the candles has made the low and now at the position of touching the all time high, however there is major Resistance waiting for it around 320 Rs.
Now If we look at 15 minutes time frame, It is going upwards and Making Higher High, and going with the line,
If we should Buy it or wait for it,
This is a 3 minute charge for BE, and It is going in a wonderful Channel and If it will break the resistance, then you can go buy it till the next Resistance and If it will break the support then you can short it with trailing stoploss,
This is my own analysis and please do your own research before buying or selling the stocks as It includes high Financial Risk.