BEML Falling wedge + Bullish Divergence + Horizontal Support

٢٦ أكتوبر ٢٠١٨

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.

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أغلقت الصفقة: تم الوصول للهدف

Amazing Bounce on BEML. Stock has Broken The Falling wedge upper line. If holds, More upside Possible after Retesting Support.