Stock to buy in the short term: Choice Broking's Sumeet Bagadia recommends these PSU shares as its Dussehra choice

Stock to buy: Bharat Electronics (BEL) share price has given almost 9 percent returns over the past one month, but has dropped by 6 percent in three months. However, in the past 6 months and 1 year, the PSU share has given 39 percent and 43 percent returns respectively. However, analysts believe that the bell stock is technically ready to see a decent upward momentum. Sumeet Bagadia, executive director at Choice Broking, recommended the Bell shares as its Dussehra choice. Sumeet Bagadia’s Dussehra shares recommendation: Buy call at £ 404 and up to £ 395 | Target price: £ 444-480 Call shares are currently trading at £ 406.50 each. The major cap stock is almost 7 percent lower than the peak of £ 435.95 of 52 weeks, which was hit in July 2025. Technical analyst Summer Bagadia shared his detailed prospects over the stock and emphasized the key patterns, resistance levels and potential upside down. Bagadia’s prospects about Bel Bel were in the spotlight as the stock shows a powerful bullish pattern on the weekly map. Technical analyst Summer Bagadia emphasized that the stock formed a classic flag and pole structure. He explained, “After a decisive exposition of a prolonged consolidation series, the stock showed a sharp upward movement forming the ‘pole’, followed by a short consolidation forming the ‘flag’.” Call is currently around £ 404.50 with strong volumes and trades call far above the 20-day, 50-day, 100-day and 200-day moving averages. Bagadia noted: “Immediate resistance is seen about £ 410, corresponding to a trend line barrier. A breakout and near this level can open further upside down to £ 444 and £ 480 in the medium to long term.” The relative strength index (RSI) is at 62.10, which prefers the Bulls and confirms the positive momentum. According to Bagadia, dips can be considered fresh buying opportunities after £ 395, while £ 380 remains a strong support. As long as the stock is above this zone, the broader prospects remain firmly positive. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.