BEML study (roof pattern)

Updated
Once the weekly candle closes below 1125 BEML could make a deep correction.
Important levels to watch out for are 1025-830-700
Above 1600 this pattern gets invalid and could lead to further rally.

More details about the pattern: thepatternsite.com/roof.html
Note
As mentioned in our previous analysis BEML touched 1025. Now moving towards 830
Note
Achieved all the targets as analysed and felll deeper!
BEMLChart PatternsTrend Analysis

Disclaimer