beml strong supportthere are more chances for double top so once it breaks its neckline you can further more add some position
BEML
BEML1) Triangle pattern
2) News central govt has asked all states to look use same parts if they want funding for metro projects
3) BEML likely to be key benificiary
Some thing is happening in BEML in long side . WatchSome thing is happening in BEML in long side . Watch
BEML testing long term resistance BEML testing this long term resistance/support level since 4 years .
Good long opportunity only after resistance breaks .
MACD on a positive cross over .
Oscillator with a bullish divergence .
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. :-)
BEML study (roof pattern)Once the weekly candle closes below 1125 BEML could make a deep correction.
Important levels to watch out for are 1025-830-700
Above 1600 this pattern gets invalid and could lead to further rally.
More details about the pattern: thepatternsite.com
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 - 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: Sell @ 1160 SL 1190 TGT 1070BEML has been a favourite shorting opportunity on NSE in the recent downtrend. This call is for tomorrow. Sell BEML @ 1160 with SL of 1190 and Target of 1070
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
Ascending Trianglr Formation in BEMLAscending Triangle observed in BEML.
Will take the support from her to move upside.
BEML Channel BreakoutBEML is moving in an up channel for 4 months now.
Currently on the edge of channel for reversal / breakout.
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. :)
Trend line on BEML - IntradayWill it pull up or pull down situation on BEML
Trade:
Buy - 1547
Target 1 - 1560
Target 2 - 1570
Stop loss - 1528
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 LtdBEML ltd is breaking out of a consolidation pattern and is looking good to test higher levels of 1600 on positional basis.
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 Breakout AttemptFlag break. Need confirmation. If stock price stays above 1360 for a day, buy for a target of < 1500. Stop loss is the low of the Bullish marubozu.
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 trading at bullish flag supportBEML has been trading at bullish flag support and may see upside from this level to next level above 1350. Long is the trade on dip.
