Technical :
RSI - Oversold
MACD - Possible curve in coming days
Current price far lower than 10/20/50 days SMA. Generally price trend to close gap with SMAs in certain period. Either SMAs should come down OR price should go up.
I will better watch for price action and enter once I see MACD giving right signal. Company results are scheduled on tomorrow so also check for no bad news before entering.
RSI - Oversold
MACD - Possible curve in coming days
Current price far lower than 10/20/50 days SMA. Generally price trend to close gap with SMAs in certain period. Either SMAs should come down OR price should go up.
I will better watch for price action and enter once I see MACD giving right signal. Company results are scheduled on tomorrow so also check for no bad news before entering.
Comment:
Successful trend change. Should give atleast 20-30% rise.
Comment:
56 to 64 -> 15% rise done.