On the daily chart, the stock has witnessed “multiple resistance” breakout around 208 levels
• This breakout is accompanied with huge volumes indicating increased participation
• In addition, the stock has confirmed higher tops and bottoms Sanghvi Movers Limited Weekly Tech Picks 10 June,
• The stock is well placed above its 20, 50 , 100 and 200 SMA which
reconfirmed bullish trend
• The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term.
• The above analysis indicate an upside of 232 - 242 level
Time is 3 to 4 weeks.
• This breakout is accompanied with huge volumes indicating increased participation
• In addition, the stock has confirmed higher tops and bottoms Sanghvi Movers Limited Weekly Tech Picks 10 June,
• The stock is well placed above its 20, 50 , 100 and 200 SMA which
reconfirmed bullish trend
• The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term.
• The above analysis indicate an upside of 232 - 242 level
Time is 3 to 4 weeks.
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.