The stock has closed at a price of 391.65 which is just a fraction short of moving above all important EMA and make it technically bullish.
Fundamentals of the company have significantly improved which is a good sign.
Since the EMA crossover in the month of August we have seen the price hit a fresh high of 452 levels.
During this rise we have witnessed a...
The chart has formed a double bottom formation with pivot point at 398.
383, 398 and 412 are also important support and resistance zones. Keep a close watch on the price action in these ranges.
The overall trend is positive though the stock my consolidate in the range between 369 and 383 in the short term. Beyond 383, 398 will act as immediate resistance and...