Ref chart. View given based on weekly and monthly indicators. Monthly MACD crossover and CCI above 0 level will helps to move further target levels. Vijayaraghavan, Kovilpatti
In weekly chart price breaks Bandbollinger bottom and indicators are look weak. Head and shoulder formation may helps to further decline. Stoploss above 425 on closing basis. Vijayaraghavan Kovilpatti.
Bandbollinger lower band breakdown and indicators are weak in daily and weekly chart. These helps to reach the target range. Vijayaraghavan, Kovilpatti.
Narrow bandwidth in Bandbollinger band, above avg line in BB band,Rsi positive,MACD line crossover in weekly chart, ADX positive in dialy chart also will helps to move further levels on upper side. Targets are from trend lines( not shown in graph) 570 590-602 616 636 Stoploss : below 516 on closing basis Vijayaraghavan Inditrade, Kovilpatti
MACD zero line cross over, CMP above the bandbollinger avg line, RSI positive helps to move up further. Target: 43.19 stoploss: 39.15. Vijay, INDITRADE, Kovilpatti.
Bandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern. From the trend lines(not shown in the graph) targets are 122.3 124.18 126.05 126.5 127.8 129.47 130.45 Stoploss :114.5 Vijay, Inditrade,Kovilpatti
Stoch in mid, MACD going to line crossover and the CMP is above the Avg line in Bandbollinger. Expecting the target range is 113-116 as per Bandbollinger +DI levels .
MACD cut and the Stochastic in over sold region will help to price move up. Target range is 218-220. if it breaks above 220 on closing basis, further move up to 227,234. (see like this SREI infra view on yesterday posted, today hit 5% profit) Vijay, INDITRADE, Kovilpatti.