Chart shows support at 365 EMAs. We advice to go long at Current Market Price. Weekly chart shows uptrend in the price.
Persistent Systems has always been above the long and mid term EMAs showing that it is an up trending stock. Price is above all long term EMAs. Resistance @ 3920 looks converted into support. We think that it is a Buy @ 4050. Target 1 @ 4766. Stop Loss Below 3800 Thereafter we can trail.
Hammer formed near 365 EMA. Similar hammer was seen on 8th March 2022. RSI reversed from 30. Near to oversold area (As per RSI). We suggest buying at Current Levels for Target of 7660. Stop loss below 6300 on closing basis.
Asian Paints is an Uptrending Stock. It has moved up from an important Resistance level.