#BEML Bullish Belt Hold Reversal with RSI divergence
#BEML CMP 1035 (Futures) Positive divergence on RSI coupled with Double Bottom and Bullish Belt-Hold reversal candlestick on Daily Chart. Likely to move to 1080/1150. SL below yesterday's low, i.e. 976.
Trade closed: target reached
Closed at 1065. 35 points gain in a single day...
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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.