BEL maintains buy-side conviction at ₹397.5 (+1.07%) holding above 200DMA (₹381.40) despite distance from 50DMA (₹407.92), signaling long-term uptrend resilience. Recent day-high ₹399.75 breakout with volume (2.79M shares) supports momentum toward year-high ₹436, targeting R1 ₹405-₹410 on defence sector flows. Dips to day-low ₹395.7 offer ideal entry with RSI likely recovering from neutral zone; stops below 200DMA confirm positional longs.
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