TradingView
universalteacher
Jul 21, 2023 2:37 PM

BEML Multi Year Resistance Long

BEML LTDNSE

Description

BEML Looks Solid and is ready to break out of 16+ years of resistance.

Chart posted for educational purpose only.
Comments
vivekraman39
Dear Universal Teacher, Beml had a blast today, you had mentioned this on 21st of July, and from that day it has been on uptrend. I am new to this market, request you to help me understand how long does one hold from the date it is posted, cause i missed this huge rally. beml , jhonson hitachi , satia were some excellent tips i received, Waiting for more.
Vivek Raman
universalteacher
@vivekraman39, Usually one should book profits based on the risk taken. For example lets assume the stop loss was 100 rs in BEML then one should book some part profits when one sees 200 rs profit and hold the rest quantity with trailing stop loss. In large base breakouts like BEML the targets are not known as the stock is in blue sky
vivekraman39
@universalteacher, Sir ..... thank you shall keep this in mind
More