GuywithBitcoin
Long

BEML Falling wedge + Bullish Divergence + Horizontal Support

NSE:BEML   BEML LTD
1 Year Long Falling Wedge can be found on BEML Daily Chart .

If the chart is zoomed out, One can see the stock is sitting on Horizontal Support Currently.

RSI Bullish Divergence is visible and can expect bounce from this area.

Resistence: 640
Stop loss below horizontal support.
Trade closed: target reached: Amazing Bounce on BEML. Stock has Broken The Falling wedge upper line. If holds, More upside Possible after Retesting Support.
exilant.parfact.zoomed price 750.thanks
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