After posting hefty gains the script has been sideways or retracement. On last working day the security closed above the recent trend line, which was limiting its movement. Simultaneously the RSI has also shown a positive sign by closing above its Moving Average.
So risk takers can buy immediately whereas those who prefer cautious approach can buy when the price crossover 24.26.
For a longer term buyers close above 26.60 shall be a wise decision with the TP of 36.72
So risk takers can buy immediately whereas those who prefer cautious approach can buy when the price crossover 24.26.
For a longer term buyers close above 26.60 shall be a wise decision with the TP of 36.72