'Long' on CSB Bank for Short Term
已更新
CSB BANK reached a 52W high of 275.05 on 19th Dec 2022, after which it went through a correction of nearly 21%. Well, the downtrend came to an end today, when it gave a breakout from wedge pattern rising by 8.89%.
In terms of price action, the stock is trading well above all the short-term and long-term moving averages.
RSI is above 55 and MACD gave bullish crossover above its signal line today.
Based on bullish moving averages and technical indicators, it is expected that the stock's price will continue to rise towards the assigned targets, with a recommended stop loss of 238.50 on a closing basis.
In terms of price action, the stock is trading well above all the short-term and long-term moving averages.
RSI is above 55 and MACD gave bullish crossover above its signal line today.
Based on bullish moving averages and technical indicators, it is expected that the stock's price will continue to rise towards the assigned targets, with a recommended stop loss of 238.50 on a closing basis.
注释
Price has crossed 247 on closing basis. One can initiate long position注释
Stock touched intraday high of 290.75 @2.25 pm. Hence, assigned target of 290 is achieved.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。