Schaeffler India Ltd- Resistance Breakout
Key Points:
- On daily chart strong Bullish breakout momentum seen after down trend with potential of 12.50% rise from closing price of Rs. 2943
- Resistance breakout @ 2873
- RSI > 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume is above VMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only
- On daily chart strong Bullish breakout momentum seen after down trend with potential of 12.50% rise from closing price of Rs. 2943
- Resistance breakout @ 2873
- RSI > 70
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume is above VMA
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only
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