Buying Opportunity is seen in the stock, this would be a great opportunity to enter in the stock. The Stock is trading near its 200 EMA which can act as support for the stock. The stock has retraced 0.6182% and from this level we have seen some buying coming in the stock, we are expecting the stock to move again till 0.382% level and if the stock is able to sustain above this level we are expecting it to move higher.

The RSI is following the price and we expect the RSI to follow the price in the coming days.

The stock has the potential to make new highs, If the stock trades above both the EMA we will expect the move to extend ahead. The Lagging Indicator of ICHIMOKU is also indicating a buying opportunity. 

Advice : Buy @ CMP

Charter Communication

Oct 15 2021