The charts are showing strength for a upside of 10-12%. After a side move for a month the stock is on the verge of a breakout.
RSI is also rising . Nifty should hold 16200 and move upside for this move. The stock is trading above the 21 MA .
#Simple analysis.
Please note this is not a recommendation to buy, just my analysis. Please do your study, research before getting into the trade.
RSI is also rising . Nifty should hold 16200 and move upside for this move. The stock is trading above the 21 MA .
#Simple analysis.
Please note this is not a recommendation to buy, just my analysis. Please do your study, research before getting into the trade.