Trading Pick for 31st December 2009 -BEML
December 30, 2009 by admin
Filed under Analyst's Corner
BEML (1107) After successful formation of “Three White Soldier” bullish pattern on 29th December, the stock went into overbought zone. Yesterday, the Stock has formed “Dark Cloud cover” bearish candlestick pattern on daily chart. Daily RSI has given negative crossover in overbought zone. After looking at all the above, weakness is likely to persist in [...]
