Bank of Baroda:-
Broken 119.80 strong resistance level,
Target 1- 126.7, and that's a new strong resistance level if it breaks that
Target 2 - 131.
BEML:-
Was long on this stock since 24th June 2019, proven to break most of its resistance levels.
Above 929 the stock can touch a target of 95 and if it fails to break 930 short it for targets 860
Target 1 - 929
Target 2 - 950
Stop losses can be represented as seen the blue lines given, one it breaks that then that line becomes a new support (therefore stop loss).
All of the above are position trades.
Please analyse on your own before executing trades. Thank you.
Broken 119.80 strong resistance level,
Target 1- 126.7, and that's a new strong resistance level if it breaks that
Target 2 - 131.
BEML:-
Was long on this stock since 24th June 2019, proven to break most of its resistance levels.
Above 929 the stock can touch a target of 95 and if it fails to break 930 short it for targets 860
Target 1 - 929
Target 2 - 950
Stop losses can be represented as seen the blue lines given, one it breaks that then that line becomes a new support (therefore stop loss).
All of the above are position trades.
Please analyse on your own before executing trades. Thank you.
Trade closed: target reached:
BEML - Target 1 & 2 both reached.