Gap Resistance Long

BEML LTDNSE

Description

⋅ Jul 18, 2020 5:19 AM

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

⋅ Jul 22, 2020 4:33 PM

Made high of 664 today.

680 is our swing target

Trade closed: target reached

⋅ Aug 14, 2020 2:41 AM

Comments

kaushikreddy770

⋅ Jul 18, 2020 8:43 AM

Even now you can expect it to reach till resistance right...I mean it's still a buy signal for the next season

sushantbhosale

⋅ Jul 18, 2020 5:37 AM

Just observation- whenever there is Green candle after that some correction happened.
Check with volume also.

nikhilvenkataraviteja

⋅ Jul 18, 2020 5:42 AM

@sushantbhosale, true. Near resistance previously also there is more volume but couldn't close above the resistance. Good observation 👏