BEML LTDLong
BEML FORMING INVERSE HEAD AND SHOULDER (EASY 20%)
The stock has been in a bullish trend since quite long and has been forming an inverse head and shoulder pattern lately . the stock has also seen rise in the volumes which is also a pretty good sign . also the PE is pretty low 74 as compared to the industry standards which is 98
The company is a leading defence equipment manufacturer with order book of more than 12000 cr. The stock had a crucial resistance at the 4806 level which was breached pretty well and now it can give upto 20% upside
TARGET 5745
TIME 4-6 weeks
The company is a leading defence equipment manufacturer with order book of more than 12000 cr. The stock had a crucial resistance at the 4806 level which was breached pretty well and now it can give upto 20% upside
TARGET 5745
TIME 4-6 weeks
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.