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HarshShivlani HarshShivlani BEML, 15, Long ,
BEML: BEML Perfect H&S Setup
62 0 1
BEML, 15 Long
BEML Perfect H&S Setup

BEML 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 ...

NeeteshJain NeeteshJain TOP LYCOS, D, Long ,
LYCOS: Lycos - Moving up with Increasing Volume
161 3 2
LYCOS, D Long
Lycos - Moving up with Increasing Volume

It is been observed that the price action is moving up in an uptrending channel along with increasing volume indicating a bullish move ahead. As it is general saying in the market that when a stock prices move up with the sync to volumes then it tends to give a bullish signal. Target: 12 Stoploss: 8 Risk Reward: 1:2

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