The strong rebound from key support highlights elevated
buying demand that makes us retain support base at 21800 as
it is confluence of:
A. 61.8% retracement of current rally 2153 to 22300
is placed at 21823
B. Last week’s low is placed at 21875
C. Lower band of rising channel
As per chart next target would be 22400 and 22670 soon
Every long term perspective needs a fundamental reason. For Exide Industries, the emergence of EVs can be the driver. Do some research and you will know ;)
Rising Wedge Indicates the distribution phase in Bank of Baroda, In 1H double bottom formation has been formed and lead to fall in price of 82.50. Regardless of strong relative strength throughout technical POV fundamentals aren't good to hold this stock but here you can get 15% in short term.
Upside Entry (breakout): @87.35
Normal Entry: @80.50-@82.50 For best...
