BEML - already 10 X done & now need another 10 X

BEML (1547) - This is one among of the best stock, behaving perfectly & repeatedly, from the very first post dated 11th June 2012, since then, gave 4 follow-up post and that was also summarized in the post dated 30th June 2014

***

Please click the below link to see the summarized post, dated 30th June 2014

http://www.murugavel.com/2014/06/beml_28.html

***

As per post dated 05th Oct 2013, Perfectly and repeatedly took support at the mentioned support level of 166 in the whole month of Oct. 2013,

from there,

already it made high 1612 on July 2015

and corrected up to 771 on Nov 2016

and now trading at 1547.

So already it has done 10 X

(from 166 in Oct. 2013 to 1612 in July 2015

that means within 2 years)

But our UTMOST ULTIMATE UPSIDE TARGET 3550-3650

Whenever it reaches this target,

it will be a 20 X performer,

of the mentioned support level of 166.

Already told in that post itself,

expect 3550-3650 on or before the year 2019.

LET US SEE.

***

Monthly chart of BEML

Parachute ki Kasam

"The fox was running for his dinner, but the rabbit was running for his life." I n 1999, Harsh Mariwala, the Chairman of Marico received a call from Keki Dadiseth, the then Chairman of HLL (Hindustan Lever, now Hindustan Unilever or HUL). HUL, the granddaddy of the Indian FMCG (Fast Moving Consumer Goods) industry had decided to enter the hair oil segment through its brand ‘Nihar’. The segment was dominated by Marico via its brand ‘Parachute’. Flush from its success in dislodging Colgate as the market leader in the oral care segment, HUL wanted to dominate the hair care segment and intended to buy ‘Parachute’, the crown jewel from Marico. “Mr Mariwala, I will give you enough resources to take care of you and all your future generations. But if you do not sell… ". Mr Mariwala’s reply was firm, " Mr Dadiseth, you may think I am a nut but you will find I am a tough nut to crack. Thanks, but no thanks.” HUL has been in existence in the country since...

BPL - enter & exit game

When to enter is important & equally when to exit also. BPL (72.10) - Posted on 27th Sept. , when it was at 91+, and said as " At the optimum, the game comes to end between 100--110 that is what expecting now When one momentum ends , switch to another one" *** After this post, the highest high was 100.20 on the posted date of 27th Sept. and latest close was 72.10. **

In FY 2018-19 only a dozen stocks gave triple-digit percentage up move.

Happy to see that out of the 12 stocks, identified and covered 7 stocks, even though not at the edge, something is better than nothing.

MURUGAVEL

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