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.