Armaan_M

Armaan_M

It had formed Cup and Handle and now retesting in the given level. It can be accumulated here for 10% upside in short term.

Armaan_M

SRTTRANSFIN can be accumulated here for a good breakout in coming days/week.

Armaan_M

MACD Signal Line & RSI is showcasing bullish trend. RSI indicating oversold and making higher lows. Fibonacci levels are indicated on the chart.

Armaan_M

NSE:ASHOKLEY Today, once again the stock respected the fibonacci level and closed above the level mentioned. First target of Rs. 129 has been achieved as per closing. Next Resistance would be Rs. 135 and then 52 Week high of around Rs. 139.

Armaan_M

Technical Indicator used : Fibonacci Retracement. Respecting the Retracement level. Looking positive for Target of Rs. 129 - 135 in short term.

Armaan_M

Note : This is only for educational purpose and the views are person Strong MACD and good volumes being reported since last 3-4 days. Keep a watch and start accumulating at around Rs 161-165 level for atleast 10-15% upside in short term.