IT IS MAKING BEARISH DIVERGENCE WITH RSI. TARGET IS LOWER TRENDLINE 1306 STOP LOSS WILL BE EXPONENTIAL MOVING AVERAGE 200 THAT IS 1421 GOODLUCK
NOTE: THIS IS NOT AN ADVICE IT IS FOR EDUCATION ONLY :)
Looking good on charts. Fundamentally also looking good. expecting a target of 2100. 2100-2200 is a retracement zone. close above 2200 will lead to more higher levels.
Stock Taken Multiple year support & bounced back.
Ready for Trend line Break out.
Triangle break out.
Above 1851, Can Test 2131/2331/2531, Support @ 1731-1711.
Time Frame 1 Year.
I am not a SEBI Registered Financial Advisor.
CRISIL is moving in a range/ channel/flag/ since 2014.
Currently in the breakdown /reversal zone.
On the side note,it was one of the stocks that made R. Jhunjhunwala Rich :D (see the monthly chart) 250 to 2500 in 8 years
Its been observed it has hit its low , not bottom
but the reversal sign is Good and holding , one can look for entering Near 1877 with SL 1870 for target 1910
for day trading only if price did not move up then exit is good options
Cheers
