Overall Technical outlook

Price Summary

BEML Limited's stock spiked 2.14% today, reflecting an phenomenalnding market day.
On 2026-02-02, BEML's stock started at 1700.0, reached a high of 1744.8, fell to 1646.0, and ended 2.14% higher at 1736.4, with 343263 shares traded.
Throughout the 52-week period, the stock hit a high of 4788.7 and a low of 1641.3.
BEML's future price is expected to lie between 1960.0 and 2453.0, with an average expectation of 2131.6667, as per the recommendations of 3 analysts.

Technicals

Support and Resistance: The price currently sits at 1736.4, finding support at 1666.9 and resistance at 1823.7. These levels define a range for BEML Limited where the price may move, with 1666.9 offering a base and 1823.7 limiting upward momentum.
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Support/Resistance for BEML


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for BEML Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Bolinger Bands chart for BEML Limited


Parabolic SAR: The PSAR for BEML maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for BEML Limited


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Stochastic chart for BEML Limited


Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for BEML. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend.
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Tripple SMA chart for BEML Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.