BEML LTD NSE:​BEML

BEML was under our watch but failed to publish. It has now broken the flag and can be bought on dips near 730-40 with SL below 25 for Targets 790. 860 and more.

Chart speaks...

refer charts for levels

BEML - Daily Chart - Bearish Bat - CMP 688 Good shorting level 740-780 level keep on radar

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bullish engulfing pattern on daily chart has been consolidating in range of 699 and 730 for a couple of days now taking support at 50% fib retracement and resistance at 61.8 fib levels on daily chart on 1HOUR chart go long if rsi upward macd crossover about to happen go long when tenkan above kijun stock trading above cloud

sell below 690 for tgt of 662/635/608 sl 700 above

This is daily chart of BEML on NSE (INDIA) with CMP @ 700.45. It seems to be a good shorting opportunity based on following observations: 1. It is downtrend and price is still trading below SMA200/SMA100. 2. A trendline drawn on the chart shows resistances where price rejections are shown by arrow. Now again, price has tested this trendline and also SMA100 and ...

refer chart for levels

BEML - Ideal for short candidate

IT TOUCHES THE TREND LINE AND FORM A SHOOTING STAR PATTERN SELL BELOW 690 T : 673 SL : 703

BUY ABOVE 645.45 TARGET 745.25 STOPLOSS 595.75 SLOW AND STUDY WINS THE RACE

IF BREAKOUT BUY ABOVE 638 T : 666 SL : 626

INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 2nd, 2018) BEML #BUY ABOVE 639

RSI DIVERGENCE SEEN ON BEML DAILY CHART PATTERN. Disclaimer: this chart is only for informational & educational purpose. please comment below if anything wrong in chart.

DOUBLE BOTTOM BREAOUT ON THE VERGE IN BEML WAIT FOR IT NOVEMBER FUTURES BUY@640 STOP@620 TARGET@700 LOT:500 QTY:2

1 Year Long Falling Wedge can be found on BEML Daily Chart. If the chart is zoomed out, One can see the stock is sitting on Horizontal Support Currently. RSI Bullish Divergence is visible and can expect bounce from this area. Resistence: 640 Stop loss below horizontal support.

Sell below 540 with the stop loss of 545. Targets are 535, 530 and 525.