finogent

VINATIORGA; A Bullish trend

NSE:VINATIORGA   VINATI ORGANICS
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TECHNICAL ANALYSIS OF VINATIORGA

The LAST CLOSE PRICE of NSE: VINATIORGA is 1979.35. The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.382 at the FIBONACCI STOCK PRICE LEVEL of 1979.35. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 1901 with RESISTANCE 1 and RESISTANCE 2 at 1989.1 and 2016.8 respectively. The Key 50% FIBONACCI LEVEL stands at 2016.5 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not.

The STOC RSI has the values K and D as 47.53 and 24.24 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 25.44 and 109.45 at 31.74 along with HISTOGRAM showing valu3s of -6.3, the STATUS is clearly UPWARDS.

The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 0.16 and -0.16 with DOWNTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.1913 the STATUS is WITHIN OVER BOUGHT AND OVER SOLD RANGE.

No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 75.54 which signifies its Price Level to be TOO EXPENSIVE.


>>> RECOMMENDATION is : BUY."





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