CMP Rs. 110.
The stochastic on weekly is below 20 and monthly stochastic crossing 30 down. The stock has been hammered and in a down trend since a long time.
However the MACD weekly is showing formation of positive divergence with volumes seen coming in which may push the stock up till 130 - 135 range with a SL of 100.
The stochastic on weekly is below 20 and monthly stochastic crossing 30 down. The stock has been hammered and in a down trend since a long time.
However the MACD weekly is showing formation of positive divergence with volumes seen coming in which may push the stock up till 130 - 135 range with a SL of 100.
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