E.I.D. Parry (India) Ltd. - NARROW RANGE BREAKOUT?

E.I.D. Parry (India) Ltd.

The stock is trading in a narrow range and is moving in a rising channel.

RSI is in the overbought zone and is taking resistance from 80 level.
TT2 DAILY AND WEEKLY IS BULLISH.

If the price trades above the narrow range 280, a Breakout is expected. As per current data, the nearby resistance would be the upper channel 293. The nearby support is 262.

KEEP AN EYE!!

***this is my personal view. Please take advice from your financial advisor before investing.