Strong movementem expected in the security once it closes above 394 levels. The security is trading in a range from past 4 month security closing above the range will be a strong buying indication.

Currently the security is trading above the Fast and SLow EMA which indicates positive trend.RSI is following the price trading above 50 will be a strong confirmation to enter.

Security closing above the mentioned level will encourage more buyers to participate in the security which can lead sellers to sell their position and this can lead stock to reach 450-500 levels.

Advice : Buy if the security closes above the mentioned level.

Looks Like Buyers Going to Overpower the Seller

May 01 2023