Nifty,BEML,Educomp,Moser Baer,Hindustan Dorr Technical Calls

Nifty is doing nothing in past few trading sessions and is slowly and slowly grinding upwards with a positive bias. Support is at 20 DMA which is at 5411 Levels break below that we can see downward bias on Nifty.VIX has closed at all time low and Bollinger Band has contracted almost 70%.Hence we can see some wild moves in Nifty in coming days.
Support @ 5415,5380 and  5355
Resistance@5463,5504 and 5555

BEML
BEML  is having major Hurdel at 200 MA as can be easily pointed in the chart. BEML tried to cross 3 …
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