SJVN in accumulation phase

Updated
SJVN cmp 112.45
Due to Q3 results stock fall nearly 34% from its recent high.
After consolidation stock may bounce back to the 1st resistance levels,
Accumulation zone 97 - 104.25
Support placed at 92.75 - 94.30
Resistance 132 - 135
Note
SJVN cmp 121.50
Note
19% up from our accumulation levels
Note
SJVN moved 27% from our accumulation levels
Note
cmp 124.70
Note
Made a high of 128.50
Note
update - made a high of 127.65
Note
SJVN again retested the accumulation phase and moved up
Note
can book profit and wait for another correction
Note
SJVN cmp 144.05
Note
44% UP from our accumulation levels
Note
Made a High of 153
Fundamental AnalysisTechnical IndicatorsTrend Analysis

Also on:

Disclaimer