Friends,
Stocks rising from under the ZERO line MACD are assumed to be good outperformers in short term. One such stock is this.
Buy this at current price 143, SL-135, T-170, RR-1:3
The strong reasons on the chart are,
1) Channel formation is visible. The stock is bouncing back.
2) MACD - Crossing the ZERO LINE quite convincingly
3) RSI - Positive
I believe there is some action to come in near term for this stock.
Happy minting money,
PREMAL
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