Looking at INDIGO chart. we have seen huge upside movement from lower level.
we had recommended INDIGO for buying from 1256.
still one can go long in it above 1655 for the Target of 1700/1750 with the stop loss of 1600
Looking at Maruti Suzuki India Ltd chart for 8-9 month time horizon we have found it bullish from lower level. Its taking strong support of 200 SMA & EMA. Buying can be initiate in the rang of 6700-6720
1) RSI showing buying single
2) Trading above 200 SMA & EMA
3) Trading with good volume
Hello everyone, Little bit on gold, we have seen bearish movement in gold. trading lower low from consecutively five days. A week ago it was trading near to its neckline and slightly went up a bit. It has given Head and Shoulders breakout on 16th and still trading below the neckline. Further downside movement is expected in it.
Open to discuss here.