BEML LTD
Long
Updated

beml looks bullish in short to medium term.

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

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