Stock is doing well for last 2-3 sessions and if crosses 690-700 we expect stock to test 720-40 incoming days.
Stock is trading range bound. For any positive trade wait till cross of 452, if fails you can take short position on rallies for 434-20. Above 452 we expect stock to test 467-92. Technical Indicators CCI, William %R and RSI are in buy mode on daily chart.
Stock is looking good on daily charts but may face stiff resistance between 258-65 before any major move in coming days. Above 265 we expect stock to test 275-84 to 300 in coming days. Below 250 next support will be 230. Technical Indicators including CCI, ADX, MACD, RSI and William%R are in buy mode.
Stock is in downtrend since long however now for last one month stock is getting some buying support around 565-75 level. Technical Indicators like RSI & CCI are also looking in buy mode on weekly charts. Above 640 stock can rally towards 675 to 735-775 in coming weeks. stoploss will be 555. Stock is trading near long term trendline support, hence, can be taken as investment too.
Stock was in downtrend since long and has already given up all its gains made during previous post-Covid rally. On weekly charts stock is looking good with formation of hammer as well as double bottom pattern. We expect stock to test 220-25 on sustaining above 205. Major move towards 260-80 will be possible only on sustaining above 225.
