BEML LTD
Long
Updated

beml looks bullish in short to medium term.

116
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 snapshot

one should ride the uptrend with a sl - 1509
Trade active
till now 1717.
Trade active
it went below the predefined sl and reversed from the horizontal support level, and it crossed 1800-1810 level.

snapshot

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.