The logic behind my prediction is :-
1. The stock has crossed both 20 and 50 Exponential Moving Averages and both the Averages are rising.
2. The is trending upwards and if it crosses zero line chances are the stock may also touch 855 and 887 which are Fibonacci resistance lines.
3. Today's rise is supported by large volumes in the Stock which is 2.482 Mio. as against 8 Days Average of 1.424 Mio.
4. And finally the Stock can be bought only between Rs . 800 and Rs . 805 and not jump blindly if the stock jumps suddenly tomorrow morning.
Please do not follow my Advice as this is just a prediction for my study purpose.
Today, CNBC Awaaz gave T20 Tips of which 19 were for Buy and only Bharat Financial was a Sell Call.