Century Textile chart

Charts of the day – 21st Feb, 2018

by Elearnmarkets on Charts, Market Analysis
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Century Textile chart

Century Textile is Trading at previous support zone, The stock is below 100 and 200MA lines. Price made lower low but RSI formed higher low, which is a indication of positive divergence and Stochastic also in its Oversold position.

(Not a reco to buy/sell/ hold)

Fortis Healthcare chart

The underlying of Fortis Healthcare is in its Resistance zone, from where it reverted back multiple times. Also there is a resistance of 100MA line and the Stochastic is showing that the stock is about to enter in its Oversold position.

(Not  a reco to buy/sell/ hold)

HDFC Bank chart

HDFC Bank Is in strong important Support level and  100 Moving Average line helps the stock to post close at 1857.40.No significant move is found from RSI but Stochastic is entering in its Oversold level.

(Not a reco to buy/sell/ hold)

IFCL chart

Today IFCL closed above its Support level but the stock is far below from its 100 and 200MA lines. Volume is drying up from the last few weeks and Stochastic remained in the Oversold level, but RSI showing a positive divergence in the chart.

(Not a reco to buy/sell/ hold)


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