BEML LTDLong
BEML: SHOWS PROMISING FUTURE
1. The market has been making higher highs and higher lows
2. the price has already reached a significant target area for the bulls so it is not advisable to enter the trade right now
3. it might take a week or two for the price to make low in the form of a pullback
4. so wait for an entry again in a pullback
HOW TO FIGURE THE EXACT LOW OF THE PULLBACK?
1. the exact low of the pullback is hard to find
2. but you can surely take the entry nearby that area by checking for a change of character in the 1 hour time frame
This is a high volume trading stock in the recent times, so keep a watch
KNOWLEDGE IS WEALTH!
THESE POSTS ARE TO EDUCATE AND PROVIDE YOU WITH KNOWLEGDE!
HAVE A GOOD TRADING DAY!
2. the price has already reached a significant target area for the bulls so it is not advisable to enter the trade right now
3. it might take a week or two for the price to make low in the form of a pullback
4. so wait for an entry again in a pullback
HOW TO FIGURE THE EXACT LOW OF THE PULLBACK?
1. the exact low of the pullback is hard to find
2. but you can surely take the entry nearby that area by checking for a change of character in the 1 hour time frame
This is a high volume trading stock in the recent times, so keep a watch
KNOWLEDGE IS WEALTH!
THESE POSTS ARE TO EDUCATE AND PROVIDE YOU WITH KNOWLEGDE!
HAVE A GOOD TRADING DAY!
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