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Div_Trader
Oct 26, 2018 12:44 PM

BEML Falling wedge + Bullish Divergence + Horizontal Support Long

BEML LTDNSE

Description

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.
Comments
Div_Trader
vip3371
exilant.parfact.zoomed price 750.thanks
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