BEML LTDLong
BEML - WEEKLY RESISTANCE / TRIPLE TOP
Updated
The stock has been consolidating near the weekly highs.
That is unlike the previous 2 occasions it reached there where we saw immediate reversal.
That, according to me indicates that there may be even more buying in the coming days and stock might give a good breakout.
That is unlike the previous 2 occasions it reached there where we saw immediate reversal.
That, according to me indicates that there may be even more buying in the coming days and stock might give a good breakout.
Note
can be taken for delivery too for 6-12 months horizon.Note
forming a flag. look for the action on the trendline. we might see rally-base-rally ( for a longer-term )
Note
Went 4 % up crossing the white line.Note
going good :D
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.