* On the weekly chart stock price has formed "CUP & HANDLE " pattern and has given breakout on closing basis
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20 day SMA which indicates positive bias.
* The above analysis indicate an upside of 328.15 - 335.30
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20 day SMA which indicates positive bias.
* The above analysis indicate an upside of 328.15 - 335.30
Kommentar:
Stock made high till now at 329. 4% up. Intraday.
Trade geschlossen: Ziel wurde erreicht:
Stock closed at 335.80. 6.17% up Intraday.
Ähnliche Ideen
DRREDDY
R_A_G_A_S_J
about DRREDDY