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beml looks bullish in short to medium term.
BEML LTD
Long
beml looks bullish in short to medium term.
By ParamjitMahapatro
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Updated
Aug 1, 2017
5
Jul 24, 2017
in daily - price broke out of consolidation with good volume and closed above upper BB, now BB is expanding.
if we see the longer time frame, 1570-1605 was a resistance zone, which is crossed now, next level to watch for 1800-1810
one should ride the uptrend with a sl - 1509
Aug 1, 2017
Trade active
till now 1717.
Aug 19, 2017
Trade active
it went below the predefined sl and reversed from the horizontal support level, and it crossed 1800-1810 level.
breakout
Bullish Patterns
Trend Analysis
uptrend
ParamjitMahapatro
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