Positional analyze for Short term holding (may take some quarters)
Weekly time frame for the last 8 months price was making Lower low, after big fall now RSI Bullish divergence occurring. High probability the price will goto its previous level of Rs.70/-
CMP : 43.25
Any dip / fall is an opportunity for accumulation until 34/-
SL : 30
Target : 70, 88
If you switch to DAILY time frame you will see Inverted Head & Shoulder pattern in forming which is another confirmation and high probability setup.
They provide Rs. 3.50 dividend on average at this price range, it is almost 7% yield per annum and stock is available at 0.25 Price to Book. Due to pressure on the financial sector the stock might be struggling to shoot up. Still it is a good opportunity for us. I'm hoping the stock will continue to attract the investors shortly.
Weekly time frame for the last 8 months price was making Lower low, after big fall now RSI Bullish divergence occurring. High probability the price will goto its previous level of Rs.70/-
CMP : 43.25
Any dip / fall is an opportunity for accumulation until 34/-
SL : 30
Target : 70, 88
If you switch to DAILY time frame you will see Inverted Head & Shoulder pattern in forming which is another confirmation and high probability setup.
They provide Rs. 3.50 dividend on average at this price range, it is almost 7% yield per annum and stock is available at 0.25 Price to Book. Due to pressure on the financial sector the stock might be struggling to shoot up. Still it is a good opportunity for us. I'm hoping the stock will continue to attract the investors shortly.
İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.