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BEML Ltd - Triangle Breakout Awaited in Daily Time Frame - Long
Hi guys,
BEML has formed in the triangle pattern and Script was about to give a breakout.
In 1hr time the script was formed in Flag pattern (refer the image) which was under the consolidation,
If the script breakout the trend line and close go for Long.
SL - Below the Flag Pattern (Closes in Daily Time Frame) i.e. 1280
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.
BEML has formed in the triangle pattern and Script was about to give a breakout.
In 1hr time the script was formed in Flag pattern (refer the image) which was under the consolidation,
If the script breakout the trend line and close go for Long.
SL - Below the Flag Pattern (Closes in Daily Time Frame) i.e. 1280
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.
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