BEML
"Only on a dip" Buy BEML with SL of 752Buy BEML on a dip with SL of 752 and targets of 789/799 - Intraday
Adjust trading volumes as per entry price.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BEML - Harmonics - Bullish Bat with a fractured wingBEML has just bounced off the base line support of the Bullish bat that is shown on the pic, on the monthly charts with targets of 2000 in the next few candles.
The right wing is fractured though, that's why it is off on the calculations for the validity of the pattern. this is not taken into account, considering the selling mentality associated with the bear markets of 2018.
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Kindly consult your financial advisor before taking any trades.
BEML preparing for a big bounce..??Forming a short term base around 520-530 levels.
It can bounce till 685-710 levels to test the upper resistance trendline of the falling wedge.
Weekly close above 710 can will mean a breakout of the falling wedge pattern... which will open upside target upto 800 / 850 / 900.
MyAlgo: xRWave-Blaster: Intraday call:15Jun-BEML-LongBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 15-Jun-2018 for BEML
Buy Above(5Min candle close): 889.6 for targets -
T1: 896.3
T2: 900.3
T3: 904.5
SL: 882.5
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)