NOIDATOLL
has closed at 34.05. One can see this range bound movement in this stock since
past couple of months. Please see the chart below to see this movement. One can
see that the trend is up. This stock is trading at the upper range of trading
band. But this time the RSI is breaking
out of the trend line and showing that
the trend might continue and this stock can go at higher levels. One can trade
in this stock ONLY ABOVE 34.70, for the targets of 36 and 38. A strict closing
basis Stop Loss must be maintained at 32.
No comments:
Post a Comment