BEML
A Simple Rectangle breakout. After long consolidation.
Height is Rs140
0.618 for the fall is at 760.
So buy above box 680 with first target as 750 and second target as 800 - 810.
Good breakout with volume today.
A Simple Rectangle breakout. After long consolidation.
Height is Rs140
0.618 for the fall is at 760.
So buy above box 680 with first target as 750 and second target as 800 - 810.
Good breakout with volume today.
Note
Lesson to learn.Buy was above 680. Stock did cross but did not not close above 680.
So yesterday if we had placed a buy above 680 it would not have triggered.
In fact above 685 will be better as it is .5 level
Safe Trading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.