BEML 2 Hr chartBEML could breakout anytime out of this triangle flag pattern. keep in radar for long entry in upcoming sessions.
BEML
BEML to take long entryBuy above the BO of TL after the level of 1350 . let's wait to settle the stock above the TL for confirmation. Target with 1475 with SL of 1315. RSI with +ve divergence. Only concern with weekly chart . on weekly BO completed with parabolic move.so tendency for move like this can fall easily. Can trade with strict SL. This is for your educational ideas only.
Target 2 (34%) achieved. Target 3 is ON...This is follow-up on BEML. Can check link to related ideas.
Target 2 achieved. More than 34%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Target 3 (60%) achieved. Target 4 is ON...This is follow-up on BEML. Can check link to related ideas.
Target 3 achieved. More than 60%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
Target 1 (10%) achieved again after retracement. Target 2 is ON.This is follow-up on BEML. Can check link to related ideas.
Target 1 achieved again after retracement. More than 10%. Trade is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
BEML - Descending Triangle| Monday TradeBEML is forming a Descending Triangle. In a day or two stock can give break out on the upside. Target - 1040, 1050
BEML Ltd2 strong weekly and monthly resistances here, are what make the breakout levels and targets.
Keep an eye for a strong breakout this week.
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BEML - EducationEducation only.
No buy sell call for your trading.
Near resistance 7350 to 765
Short term support at tradingline.
Possible to move 735
Do your analysis before any position.
BEML BREAKOUT This stock got breakout from it's consolidation zone and looks strong for more upside with positive rsi . look for 740/750 target with sl below 650 daily closing basis.
BEML POSITIONAL BUY ABOVE 640BEML BUY ABOVE 640 CLOSING BASIS
TARGET 650, 658, 663, 669, 675~678
Posting for Educational purpose only
Closing Basis means stock need to trade above 640 between 3:20 ~ 3.30 PM
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BEML stock for Education purposeIf any one see the charts of BEML will say the bullish momemtum to take the long entry. But as a Pro trader lets wait market to touch our level rather than chasing the market. suppose if we buy above 705 our target is 730 & SL is 670 which is not good reward to risk ratio. lets wait the price to touch the marked or buying level between 685 to 675 & SL/target level remains same. If price not touch at this level better to skip the trade. Hence this will favor our risk to reward ratio. so add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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BEML can take short entry BEML stock is in bearish trend & today closing of the stock is also below the 20 EMA Level.So below the level of 648 we can take short entry for the target price of 640-637. Lets wait proper break down of the trend line before taking short entry. So add the stock in your watch list to see the price action movement in the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
BEML - 1 Day Chart - Head & Shoulder - BearishBEML - 1 Day Chart - Head & Shoulder - Bearish
Observe the chart and look at trend lines how it will play the crucial role in future price action.
NOTE: This chart is only for educational purpose , these are not Recommendation of any kind and you will be fully responsible for your own actions
