Bharat Electronics500049Defence electronics
Dharmesh Shah recommended Bharat Electronics (BEL) as a medium-term buy, citing outperformance during the market correction
- Current level
- 402
- Breakout level
- 425
- Target
- 470
Heard on business television between 12:47:20 - 12:50:20 IST.
- Analyst said BEL has outperformed even during the current corrective phase where Nifty corrected 6% from the top.
- Stock is holding on to the 20 EMA at 402.
- He expects a breakout above 425 with a target of around 470, keeping a stop loss of 402.
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Source: Live TV News Channel · 5 Oct 2026
The call above is Dharmesh Shah, ICICI Securities's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.