SPARC is showing positive divergence with RSI on Daily chart Buy CMP (273) for 285 and above as per Fib levels SL 264.8
Fundamentally company is very weak...but technically is very strong Will see techincal is right or fundamental
SPARC is moving in a channel for a while. Made a good leg up on account of the results, awaiting a breakout/reversal.
SPARC-above 398 can give quick 4-5% use sl of days low
Candlestick: Strong Bullish Candle CMP: 290 SL: 271 Target: 315, then 355
Sparc will give a short breakout if goes down below 323.40, below 323.40 it can go the level 319.40 if do not break 326.30 level on the upside.
SPARC (329.10) : SPARC is trading near support of rising trend line and stock has given bounce back from same. One can initiate long position around 325-330 levels with stop loss of 305 (closing basis) for Target of 380.