NSE Stock BIMETAL Historical charts - Bimetal Bearings
Historical charts for Stock BIMETAL - Share Bimetal Bearings trades in NSE under Auto Parts & Equipment
Technical analysis forecast for BIMETAL Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT BIMETAL BIMETAL at this time. Stock is falling and might fall more.
It appears as if BIMETAL BIMETAL gave a large move recently.
Stock of BIMETAL (BIMETAL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of BIMETAL is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if BIMETAL stays below 565.1, but if it comes above 565.1, then a intra day buy could be more profitable.
If you take a sell trade below 565.1, then use 565.1 as stoploss and 548.4 as target. However if you take a buy trade in BIMETAL, then use 565.1 as stoploss and 578.99 as target.
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