probable end of downtrend

Jul 29, 2018

beml was forming a lower low pattern but the difference between each lower low is decreasing by each swing which represents that bear strength is reducing and the stock is ready for some upmove.

Jul 29, 2018

Note

it gave a breakout of the trendline so good to go long

Jul 30, 2018

Note

first target is 855

Jul 30, 2018

Note

first target done trail stoploss to cost

Jul 30, 2018

Note

second target 885

Jul 30, 2018

Note

second target done

Jul 30, 2018

Note

third target 900

Jul 30, 2018

Note

fourth and final target is 920

Jul 30, 2018

Note

third target also done in a day

Jul 30, 2018

Note

positional players can look for targets of 960/1000

Aug 1, 2018

Trade closed: target reached

positional players keep trailing stoploss