Wednesday, 1 November 2017

STOCKS TO WATCH FOR 02 NOV

                                         ALKEM

The stock is consolidating above its 100 days moving average and as we can see that stock is in consolidation phase from past 5 months. Breakout will be considered above 1910 level and target of 1950-1980 may achieved with a stop loss of 1870
  1. Consolidating around its resistance level of 1900
  2. RSI has also shown recovery and now placed at 61.96 level
  3. MACD has given upward cross over on Daily charts


                            VBL LTD

Stock is moving in a particular channel from Aug 2017 and now it is consolidating on higher levels just below its trend line resistance level and RSI has also given trend line breakout. Currently the stock is trading at 510 levels and breakout will be considered above 515 and intraday target of 528-540 may achieved with a stop loss of 504.

  1. Consolidating around higher levels below its trend line resistance level
  2. RSI is placed at 52.61 levels.
  3. MACD has given upward cross over on Daily charts


Get More Live Market Updates & Stocks to watch Visit - www.marketmagnify.com or Miss call @787988112

4 comments:

  1. #StocksRecommendation to consider for 2 November 2017

    #SAILINDIA - Stock is breaking the recent flag pattern it has made after a long run-up. The consolidation has attracted a lot of smart money for next move towards a higher level of 87/88 with stop loss at recent wing lows of 77.
    stock tips

    ReplyDelete
  2. thanku so much provieding stock and share related info to be share...
    https://goo.gl/cRbv6u

    ReplyDelete
  3. Airport Transfer Services.

    We cover all of your Sydney Airport transfer needs! Our People Movers to SYD seat up to 10 passengers and come with
    complimentary Wi-Fi. Door-to-door shuttle services are ready to take you from Sydney Airport to your hotel and back again.for more details visit our page
    http://www.heretothere.com.au/contact-us/

    ReplyDelete