NeeteshJain
Long

BEML TREND lINE BREAKOUT

BSE:BEML   BEML LTD
490 views
14
It is been observed that the price action breakout out from consective trendline indicating buyers in control and shall move up the price action from current levels.

Target: 1270

Target: 1300

Stoploss: 1220
Trade active
Comment: After a short correction further down from stop loss, the price action did reach to the expected Target 1 at 1270. Regards
Trade closed: target reached

Comments

SL hit :-(
+1 Reply
NeeteshJain StrongTrends
@StrongTrends, Yes, you're right that it hits the stops but I didn't change the trend, meaning that I didn't form a lower low, which made the trade active. I was lithe tight on stop loss as I was expecting a straight move up but learnt a good lesson from the trade and I shall provide better room for the stops. I appreciate your follow up. Regards
Reply
StrongTrends NeeteshJain
@NeeteshJain, No worries Sir.. your views are really cool and I am trying to follow them closely.
Reply
SUPER CALL SIR ...THANX
+1 Reply
NeeteshJain NicksStar
@NicksStar, I appreciate it, Regards
Reply
Congrats :That was a nice move
+1 Reply
NeeteshJain padiyara
@padiyara, Thanks Sir, I did perform well and now, shall further move up to 1300 levels. Regards
Reply
stop reached
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out