The stock is well placed above its 20, 50 and 100 day SMA which supports bullish sentiment. the daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum. ?The above analysis indicate an upside of 940-960 levels. Time period 3 to 4 weeks.
On the daily chart the stock has bounced form an uptrend support line and has also broken out from a long term"Consolidation Range Breakout Pattern" which signals resumption of the uptrend. Huge volumes on the breakout signals increased participation near breakout zone. The daily and weekly strength indicator RSI is in overbought zone which supports rising...
The stock has managed to give a "Flag Breakout " from the 260 levels indicating resumption of previous uptrend. With current weekly close, the stock has surpassed its previous three weeks high's which signals increasing strength On the daily chart 20 day and 200 day SMA golden crossover supports bullish sentiments. On the weekly chart, the stock continue to...
With current close, the stock has broken out its "Consolidation Range Breakout pattern" at 91 levels on a closing basis along with rising volumes. on the daily and weekly chart, the stock continue to scale upward forming higher top and higher bottom formation indicating sustained uptrend. this buying momentum was observed from its 20-day SMA support zone which...