The counter closed the week losing 117 points or around 2% amid high volatility and intra week swing of over 200 points. The counter this week may remain in the range of 5821-6029, break above the counter may move up to 6052/6069 or else break below it may slide to 5800/5781. For today’s trading the counter to gain strength needs to trade and remain above 5942.75 whereby it may move up to 5968/5989. Strong support for the counter exists at 5898.25 which if breached decisively with volumes then it may slide to 5883/5867.
No comments:
Post a Comment