Monthly : 1-Made Good support Near 4000 2- As well As clear Resistance visible is Monthly high 5529 3- Last 3 Month Open and close are almost same That means in Monthly move there is not clear direction in Monthly View 4 -All Monthly indicators are not in buying side 5- Stock Is moving between 100 Month and 50 Months Moving Average. Weekly- * Last week stock has made Pin Bar in weekly basis with increasing volume * In addition of that stock made 5529 swing high but close almost 400 rs/- below the high. * RSI and MACD in upward curve from Oversold area. Weekly view : stock may move between 4500 to 5500
Daily : * Stock is in clear cut range between 4000-5175 from last 45 Days * Bounce from downward range and break the upper range and made 5529 High. * Hence stock is close between the range * Rsi and MACD is not much increasing * But Positive side is not close deeply below the support which were previously Resistance 5175 * In average point of view stock is taking resistance of 50 DEMA 5264 * But stock may take support near 4805 and 4736 which are 10 DEMA and 20 DEMa Respectivly * Bolinger Bend is expansion mode Upper band is 5242
Plan A - If stock close consecutively 5175 then buy with stoploss of closing 5000 and target First 5529 and if continue then more then 1500 rs/- Possible.
Plan B - As I said stock made reversal from lower range so first support is mid the range 4500 and second 4000 , Buy near 4500 stoploss 4400.
Plan C - If whole Market will remain range bound then play the range 4500-5000-5500
For Delivery : Buy Stock in every 300 Rs/- Deep there is quite good support Near 4000 and it well below 20% from here.
Wise Advice : good stock to be buy if there is confirmed downside below 20% and Upside is expected 10000 that means 100% +
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.