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.
Comment:
Stock is already reached 2400 which is more than 5% from our buy