BEML is trading above resistance line with very decent volume. As long as it is trading above support line, momentum may continue. Recently fresh momentum has been observed on majority defense stock. If today it is closing above 4600 then we may see momentum for next 12-15%. Keep it on radar.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.