BEML LTDLong
BEML: BULL TREND ANALYSIS.
Updated
BEMLBEML is in the bull trend, taking support at the major trendline, with the confluence of moving average ( acting as support along with the major trendline).
Forming a small triangle inside a major triangle.
ENTRY & REWARD: A Breakout from the triangle trading range is the entry point and we can aim for a reward of a measured move of 16% which is a sharp up move that occurred prior to the trading range.
RISK: Is 4% from entry price, below trading range.
BEML is one of the crazy stocks it can reach our target price in INTRADAY if move with such momentum.
Not a trade recommendation.
Do your own analysis.
Note
entry triggeredTrade closed manually
TO MUCH SIDEWAYS TREND , THIS IS VERY SLOW FOR BEML.
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Most traders learn the stock market when their account reaches zero.
Course link :- rb.gy/rh8ywg
superprofile.bio/tradexculture
WHATSAPP :- 8966893932
TELEGRAM :- @Mrsanjay_p
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