beml 16th june 2020my tgt
BEML buy above 598 tgt-600/605/610/614...620 sell below-592.75 tgt-589.80/586.60/584.10....580
Please do ur own analysis before trade.
This is only for education purpose.
BEML trade ideas
posting again this chart with some adjustment.wait for the breakout or down! we will capture good move, just keep an eye.
BEML Fresh Downtrend Coming DaysNSE:BEML is trading in a fixed range from past few weeks. 8th JUNE BEML closed above 1% but overall structure is still weak. Expecting it to touch 600 level in coming days.
BEML(Bharat Earth Movers Limited) Symmetrical Triangle FormationBEML(Bharat Earth Movers Limited) Symmetrical Triangle Formation . Breakout likely to happen .
BEML shortBEML seems to be in the download movement. Retracing fibonacci,we expect it to be in the 770 range on the downside and if it rebounds from the current levels it will reach 920.
BEML LOOKING BULLISHDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
BEML shortBEML gave double pin at moving average resistance on Daily timeframe.. we can take it for short sell trade. for swing like next 7-8 hourly candle may give downside view. lets see. trade according to your risk
Beml - Possible long from Their Support Beml has following a particular behavior from a long time. Stock is always pull back from their day support. Long Idea is based on it
BEML Long tradeWe will not initiate this as a touch trade.. but a price action entry, which i will updat once we ge t this entry... and if we dont get entry , we have an awesome level below too...
Lets see what happens
BEML- Good Buy for 995 and 1040BEML is Near to Monthly Imp support and 200EMA on Daily Chart>Expecting Good Upside Move till 1000-1030
BEML HNS breakoutBEML Inverted HNS pattern breakout
positional buy near 980 with sl of 944
target 1109- 1205
