Keep a watch on BEML for short reversal
As can be seen the price has reached previous resistance turned into support. The stock can show a reversal from here as seen in an uptick in AD line whilst the price is moving down. there is no positive divergence with Nifty 50 and performing worst as index has moved sideways the stock has moved down further.
The stock can be bought for short reversal till it touches the kijun sen. To change the sentiment to medium - longterm investment it should conclusively trade above the Kijun.
Happy trading / investing
Regards
Shamoil
The stock can be bought for short reversal till it touches the kijun sen. To change the sentiment to medium - longterm investment it should conclusively trade above the Kijun.
Happy trading / investing
Regards
Shamoil
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.