BEML - gold EarthHi All ,
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.
Target shown on chart. Let it go in any direction we will make money.
Buy 1050 May call @ 54
Buy 1050 Mayl put @ 52
Execute folks , execute.
Options are risky consult your financial adviser before taking any trade.
BEML
BEML - Lets get Gold by moving EarthHi All ,
No naked put/call /buy /sell , no over leverage and buying of 5-10 lots , just stick with 1 lot.
Target shown on chart. Let it go in any direction we will make money.
Buy 1150 April call @ 49
Buy 1150 April put @ 43
Execute folks , execute.
Options are risky consult your financial adviser before taking any trade.
BEML Channel BreakoutBEML has been in the correction mode, moving in a down channel for a few months.(make no mistake, its has moved from 200 to 2000 in 3 years)
Its on the edge of daily/weekly timeframes, for a possible bounce up. As of now, awaiting the breakout/reversal from the this hourly down channel
BEML Perfect H&S SetupBEML had a perfect inverted H&S pattern with volumes confirming. Was a textbook trade, however in reality the breakout was so fast that would have been difficult to catch. Also it may have achieved half of its target with just the breakout candle.
However there might be some steam left as shown in charts.
Rather avoid it due to R:R unfavourable, but can use this as a learning for future trades. :)
Trading Opportunity for June 9 - BEML - 15 MinsHello Traders,
We have spotted a bearish Butterfly pattern on BEML 15 mins chart. Price has already entered our PRZ. Here, PRZ is made of 1.27AB=CD, 1.27XA and 2BC Fibonnaci ratios.
Trade Levels:
Entry: 1280-1283
Stop: 1293
T1: 1262.70
T2: 1250
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Beml UpdatedBeml gave a nice move on Friday in intraday as predicted here
we got a intra move from 1335 to 1375. Now what Next??
Now as we can see that on daily chart Beml is coming out of consolidation and giving a breakout so we can assume that a nice move is going to come in Beml in coming days from here and we can see the levels 1530-1540.
BEML - WEEKLY RESISTANCE / TRIPLE TOPThe stock has been consolidating near the weekly highs.
That is unlike the previous 2 occasions it reached there where we saw immediate reversal.
That, according to me indicates that there may be even more buying in the coming days and stock might give a good breakout.
BEML SHORT : Learning RSI Divergence!Divergence are lucrative and effective method to trade, however many people find it difficult to use so I am giving important points one should keep in mind:
1. RSI divergence should be used when formed in overbought or oversold Zone. Others may be used in combination with other studies but NO trade solely based on it.
2. Since we are handling here the situation against the trend and looking for reversal, we should be prepared mentally and be protected with reasonable Stop Loss.
3. Divergence formed at the bottom after a bearish run works better whereas at the top are difficult to handle and more often they trigger the stop loss first before moving. Probably, it is due to the forces that governs the prices : GREED and FEAR and we all know that FEAR is the stronger emotion.