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Monday, December 23, 2013

BEML@ Multiple Opportunity

We have been guiding on BEML since a long time.....gave excellent trading opportunity since so far where clients have been able to get in and get out on various occasion.

We once again recommended a buy on 5th Nov exclusively to our clients in the region of 196/190.

Today BEML hits 230 so far when this message is posted thereby delivering return of 15%.

It faces tough resistance close to Rs 240 so one is always free to book profit at any level.

3 comments:

  1. BEML hits 239.45.....Next big upside abv 241 only else could correct however overall its very strong and can be bought on any good decline.

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  2. Last tuesday (24th Dec) it closed at 240+ and it has started showing its strength. I won't be surprise if the next stoppage is close to 280/300

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