Saturday, 4 November 2017

Stock to watch for 6 NOV 2017


GRUH

The stock is consolidating below its resistance level of 553 and investors can enter above the consolidation breakout. Breakout will be considered above 553 level and target of 565-575 may achieved with a stop loss of 540
  • Consolidating around its resistance level of 553
  • RSI is placed at 60.73 levels

MINDA IND

Stock has given breakout above its resistance level of 900 but not showed any big movement and after that it is consolidating above its resistance level. MACD has shown upward crossover and also rsi is showing buy momentum.
  1. Consolidating around higher levels.
  2. RSI is placed at 68.34 levels.
  3. MACD has given upward cross over on Daily charts.

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