Essar Shipping cmp 34.53 by Monthly Chart view since listed*Essar Shipping cmp 34.53 by Monthly Chart view since listed*
- Support Zone 31.00 to 33.50 Price Band
- Weekly Support at 25 > 14 > 6 with Resistance at 44 > 58 > ATH 71.54
- Stock Price poised at important Support Zone Juncture to either make it or break it by the Technical Chart setup
Essarshipping
short term trading opportunity in Essar Shipping for huge upsideHi,
h NSE:ESSARSHPNG as given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.