Breakout Stock: New India Assurance Company Ltd
The stock has broken the support level of 258 and went beyond 300
Currently retraced to next support zone of 288 levels.
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
Can enter for a short term target of 325 - 350 levels
Currently retraced to next support zone of 288 levels.
Bullish Momentum - Above Short, Medium and Long Term Moving Averages
Can enter for a short term target of 325 - 350 levels
Note
The decline in price is due to moneycontrol.com/news/business/markets/centre-weighs-turnaround-of-general-insurers-12829499.html
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