The stock closed at ₹ 788 on 7th June 2019. The 52-week low for the stock remained at ₹520 and 52 high at ₹. 794. The 200 days Exponential Moving Average (EMA) of the stock is currently placed t ₹ 515. For the previous 5 trading sessions it is under the formaton of "Higher Highs Higher Lows " pattern on daily chart. Further hovering above its all short to long-term moving average. As per the volume analysis it is moving in tendem with the price signalling further upside .Momentum oscillators RSI and MACD giving bullish crossover.
RECOMMENDATION : BUY
VALIDITY: 7 DAYS
As given by Mr Lokesh Sethia, Sebi Registered Analyst
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POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement –
• Analyst interest of the stock /Instrument(s): - No.
• Firm interest of the stock / Instrument (s): - No.