top of page

BEML Positional for a month

Updated: Mar 18, 2021


Hello Guys,


This week we studied about BEML and it seems that stock has broke out from the levels 1053. The stock is now heading towards its next target of 1170. However there are some immediate targets that can be achieved early, but I see a good movement for it to reach around 1170 levels in the time span of 25 to 30 days.



Thanks.

34 views

4 Comments


Mahesh T.
Mahesh T.
Mar 09, 2021

So as I mentioned yesterday only that since this stock gave high return within a few days hence there was a high chance of High Profit Booking in coming few days. And exactly same happened today and stock fell down today.

The stock still has a good upside momentum and since it is corrected now, it is good to buy on dips and sell on rise within a couple of days.


1340 might be a good price to buy and stock can move higher up to or above 1400/1500 levels in a coming couple of days.

Like

Mahesh T.
Mahesh T.
Mar 08, 2021

As on date, stock gave 31% return after our Buy recommendation at the Price of 1070.

Stock is currently trading at price 1413.


More up-move can be seen however, since stock is already moved a lot in past few days; hence there might also be a high profit booking in coming few days and stock may move down.


To get the perfect gain from the stock market -> Buy on dips (when stock is trading near it's support level) and Sell on rise (when stock trades at it's resistance level)



Like

Mahesh T.
Mahesh T.
Mar 01, 2021

So this is how BEML Positional target got hit with 2-3 days.


From 1070 to 1185 however our target was 1175.



Like

Mahesh T.
Mahesh T.
Mar 01, 2021

BEML reached 1157. Very much close to our target of 1165


Like
bottom of page