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SHARPLY BOUNCE BACK
On the daily chart, the stock has bounced back sharply from its previous breakout zone of 1200 levels which remains a positive sign
The stock has also recaptured its 200 day EMA 1244 which remains a crucial support zone
This buying was observed with huge.
Time period is 3 to 4 weeks. volume spurt which reconfirm our positive bias
The daily strength indicator RSI and the momentum indicator Stochastic both are in bullish mode which supports rising strength as well as momentum.
The above analysis indicate an upside of 1360-1410 levels
The stock has also recaptured its 200 day EMA 1244 which remains a crucial support zone
This buying was observed with huge.
Time period is 3 to 4 weeks. volume spurt which reconfirm our positive bias
The daily strength indicator RSI and the momentum indicator Stochastic both are in bullish mode which supports rising strength as well as momentum.
The above analysis indicate an upside of 1360-1410 levels
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