Stock has seen heavy selling and obviously it wants a pull back .. are indicators turning in favor ? is MACD and RSI heavily oversold ?
Does the uptick for the day can compel stock to move higher towards 1350 at first ?
lets hope for the best..
NSE:RELINFRA Stock edging higher while moving in a trend channel trading above crucial trend line.
Stock is seen to have resistance at 615 levels. Upward move above 615 will open doors for 700 to 750 levels.
MACD and RSI looks positive on the daily chart.
Kesar has moved and broken its crucial resistance level of 58.00 its inching higher towards to see 70 again, Both MACD and RSI indicators are giving bullish signals on daily charts.
CMP - 61
Target - 68-70
Stop loss -55
BSE:KRBL Moving upwards breaking crucial trend line srip to inch higher post breakout and expected to give almost 30% gains in long term
MACD giving bullish signals coupled with positive moving averages.
immediate Target 500
Stop loss 420
Scrip has been making new highs lately however its taking resistance at 165 level, positive breakout above 165 levels could take scrip inch higher upto 176 levels.
MACD giving bullish signals on daily charts
Go long on the scrip.
Closing above 36.80 levels could trigger breakout rally in the stock, resistance levels are seen at 38.6 5 and 41.15 level.
Indicators like MACD giving bullish signals on Daily Charts.
Traders need to keep eye on closing levels today.