Technical Analysis of CESC
The technical analysis of CESC Ltd., a company listed on the National Stock Exchange (NSE) of India. The chart shows the price action of the stock over a period of several weeks, along with various technical indicators.
Technical Indicators:
Fibonacci Retracement Levels: These are horizontal lines that indicate potential support or resistance levels based on the Fibonacci sequence. The levels are labeled as 0.0%, 0.236, 0.382, 0.5, 0.618, and 0.786.
RSI (Relative Strength Index): This is a momentum indicator that measures the speed and change of price movements. It is displayed in a separate chart below the main price chart. The RSI ranges from 0 to 100, with readings above 70 generally indicating overbought conditions and readings below 30 indicating oversold conditions.
Trade Recommendations:
Buy at CMP@186: This recommendation suggests buying CESC Ltd. stock at the current market price (CMP) of 186 INR.
TP1 above 192: This is the first target price for the trade, which is above 192 INR.
TP2 above 208: This is the second target price for the trade, which is above 208 INR.
Disclaimer:- This is not an investment advice but my personal opinion about the stock because I am not SEBI registered person to suggest any stock to buy or sell. Do your on research before buying this stock
Thanks for your support as always
The technical analysis of CESC Ltd., a company listed on the National Stock Exchange (NSE) of India. The chart shows the price action of the stock over a period of several weeks, along with various technical indicators.
Technical Indicators:
Fibonacci Retracement Levels: These are horizontal lines that indicate potential support or resistance levels based on the Fibonacci sequence. The levels are labeled as 0.0%, 0.236, 0.382, 0.5, 0.618, and 0.786.
RSI (Relative Strength Index): This is a momentum indicator that measures the speed and change of price movements. It is displayed in a separate chart below the main price chart. The RSI ranges from 0 to 100, with readings above 70 generally indicating overbought conditions and readings below 30 indicating oversold conditions.
Trade Recommendations:
Buy at CMP@186: This recommendation suggests buying CESC Ltd. stock at the current market price (CMP) of 186 INR.
TP1 above 192: This is the first target price for the trade, which is above 192 INR.
TP2 above 208: This is the second target price for the trade, which is above 208 INR.
Disclaimer:- This is not an investment advice but my personal opinion about the stock because I am not SEBI registered person to suggest any stock to buy or sell. Do your on research before buying this stock
Thanks for your support as always
Dagangan ditutup: sasaran tercapai
TP1@192 reached in such a small time frame... Closed this Buy Trade...
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.