As shown in chart, there is a clear cut Rising Wedge formation, after that we may see a profit booking.
Levels to BUY the stock : 199-194.
Speaking about indicators below MACD is forming triple top, which is a clear cut bearish sign, so accordingly stock may fall to its demand zone.
Keep an eye and buy at dips.
Its one of the stock with very good fundamentals and strong management i.e BIRLA management.
I'd recommend to buy and accumulate at dips.
BUYING RANGE : 199-194 or below!!
Levels to BUY the stock : 199-194.
Speaking about indicators below MACD is forming triple top, which is a clear cut bearish sign, so accordingly stock may fall to its demand zone.
Keep an eye and buy at dips.
Its one of the stock with very good fundamentals and strong management i.e BIRLA management.
I'd recommend to buy and accumulate at dips.
BUYING RANGE : 199-194 or below!!