nikhilvenkataraviteja

Gap Resistance

Long
NSE:BEML   BEML LTD
680-685 is strong resistance, above that, you can see a good momentum.

You can go long till 680 and next to a strong resistance zone is there should break it for good momentum.

If failed to cross you can see fall till 630 levels of next support.
Trade active: Made high of 664 today.

680 is our swing target
Trade closed: target reached

Comments

Even now you can expect it to reach till resistance right...I mean it's still a buy signal for the next season
Reply
Just observation- whenever there is Green candle after that some correction happened.
Check with volume also.
Reply
@sushantbhosale, true. Near resistance previously also there is more volume but couldn't close above the resistance. Good observation 👏
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