Sunday, February 13, 2011

BEML:-A MultiBagger,Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis,views and outlook


BEML closes   at 614.45 with a gain of + 4.3% on 11 Feb 2011 with formation of Bullish White Candle  on Daily Price Chart. Volatility Skew of BEML options are showing Bullishness. Technically BEML is coming out from   Down-Trend. Now it has given a Positive Signals on Daily price chart. MACD  is positive and RSI is now emerging our From oversold RSI.
We Recommend to BUY– BEML at CMP
Target-661-727
Time Frame- 1 Month
Stop-Loss -582

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