RSI is in highly overbought region ( below covid levels) and looking for bounce from long term trend line around 2330 levels shown in chart.
Stock is fundamentally strong and a monopoly with multiple brands.
Target for next few months
Target 1: 2530
Target 2: 2800
Happy trading
Stock is fundamentally strong and a monopoly with multiple brands.
Target for next few months
Target 1: 2530
Target 2: 2800
Happy trading
Trade active
can accumulate in the range( 2325-2370) for the upward journey
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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.
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.