Market_beat3r

BEML LTD Looking Bearish Here

Short
NSE:BEML   BEML LTD
-Long term trend line breach.
-Breach on high volume.
-Bearish cross in MACD.
-Long term bearish action in RSI.
-Stock in downtrend as 200 and 50 DMA are sloping down.

Not an investment advice. Do your own due diligence.
May initiate a short position.
Trade closed: target reached
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