The stock seems to be at a point of reversal due to the following reasons
1) The stock is at 200 days moving average support and has also given a solid closing for the day.
2) The stock is also at an important support level from which it previously gave strong rallies.
1) The stock is at 200 days moving average support and has also given a solid closing for the day.
2) The stock is also at an important support level from which it previously gave strong rallies.
Note
Stock is already reached 2400 which is more than 5% from our buy
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.