- ESSEL PROPACK facing strong trend line resistance around 103, close watch once starts trading above 103 with volumes and sustains above then can see bulls to get active.
- Weekly chart indicates that stock is now trading in overbought zone and can see some correction, careful on all resistance, short term trend can see some correction.
- Monthly chart indicates that stock in now trading above major resistance around 97, if stock closes above 97 in the month of june and sustains above then can see further rally in coming months and long term trend stays bullish.
Next Stock Update On 23rd June 2014, Monday. At 1:00 pm