Stock Radar: Down over 20% from highs! BEML stock showing signs of bottoming out
BEML Ltd, a capital goods company, is showing renewed bullish momentum. Experts suggest buying the stock for a target of Rs 2,200 in the next 3-4 months. The stock has broken out of a descending price channel, indicating a potential upward trend. Technical indicators support this positive outlook. Traders with a high-risk profile can consider this opportunity.
BEML Ltd, a capital goods company, is showing renewed bullish momentum. Experts suggest buying the stock for a target of Rs 2,200 in the next 3-4 months. The stock has broken out of a descending price channel, indicating a potential upward trend. Technical indicators support this positive outlook. Traders with a high-risk profile can consider this opportunity.
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