Tremendous volume in the last few days. The last close was at the resistance. Close above 72 on a 75 min scale should indicate a move to the next levels. Divergence with RSI also indicates a potential upside.
NSE:IIFL
The stock tested highs of 874 and since then has been under a corrective retracement. It has tested 100-DMA levels twice and is seen taking support and bouncing back from this significant support area. A buy signal has emerged over Stochastic on the Daily Charts. RSI is seen forming a higher bottom and is seen inching higher showing a bullish divergence...
Price took support on a trendline which has proven to be a good support level in the past. We can also see a breakout of a previous resistance level. Nice Place to go long.
