Stock has taken a nice support from the previous trendline. You can buy at the current price. stock will be taking a nice momentum from this point onwards. Buy Price: 649 (Current Price)' Stoploss: 625 (3.89%) Target: 724(11.32%)
RSI: RSI is showing good strength. Volume: Volume is significent High than the previous days. EMA: Stock has taken Nice Support on 200 EMA (Considered a nice Support and Resistance) VWAP: Price is above VWAP on Monthly Basis.
There are so many resons to buy this stock at current price.
The information provided in this blog post is for informational purposes only. It is not intended as financial, investment, or trading advice. The author is not a licensed financial advisor or professional.
Trading and investing in financial markets carry inherent risks, and past performance is not indicative of future results. Readers should conduct their research, consider their risk tolerance, and consult with a qualified financial advisor before making any trading or investment decisions.
The author is not responsible for any financial losses or gains that may result from actions taken based on the information presented in this blog post. All trading and investment decisions are made at the reader's own discretion and risk.
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.