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Monday, January 9, 2017

News and Technical levels on BEML





Centre clears 26% strategic sale in BEML


The Centre will sell 26 per cent stake in defence equipment manufacturer BEML, making it the first major PSU to be sold through strategic disinvestment, which may fetch the exchequer over ₹1,000 crore.




Technical Levels


BEML looks positive and could test its resistance level of 1105--1110. Further upside rally will see above 1110 mark.

Support intact at 980











More will update soon!!