Moving in a channel, It has given a slopping wedge breakout with a very good delivery volume. RSI also indicating bullish movement ahead. +DI crossed with -DI on ADX which also indicates positive bios. We can expect price movement up to 1040 in the near term. Also closing above 1045 will confirm channel breakout. Breakout of channel pattern will give price...
If someone wants to test his/her patience, then look at this stock... Historically small candles are seen and then big breakout candles (both sides). Even being in IT/ITES field, low volume and low movement are seen. The stock should break the levels shown in chart with decisive big candles with volume.
Views expressed are just for educational purpose and just...
forming double bottom on weekly chart also RSI trade above 60 so stock is in bullish mode so once buy @cmp 1053 for trgt 1100/1250/1350 in coming days with sl of 977 ( only for study purpose )
Short Term Investment Pick: 25% to 50% in 3-6 months. As per price action this is looking good for a upmove. However the best entry would be above 1090 with few days clean closing above 1090. We can see 1270/1500 soon on cards. Once enter SL would be below or around 1010. "I AM NOT SEBI REGISTER, INVEST ONLY AFTER CONSULTING WITH A FINANCIAL ADVISER. Views are...
Short Term Investment Pick: 25% to 50% in 2-3 months. As per price action this is looking good for a upmove. However the best entry would be above 1060 with few days clean closing above 1060. We can see 1270/1500 soon on cards. Once enter SL would be below or around 1030. "I AM NOT SEBI REGISTER, INVEST ONLY AFTER CONSULTING WITH A FINANCIAL ADVISER. Views are...
