COX & KINGS
- COX AND KINGS moving in a up channel formation in daily chart, which indicates as long as stock moves in the channel , stock will favor bulls and stock moving up from bottom trend support as shown above in chart no.1.
- Daily chart also indicates stock is now on the verge of breakout, stock facing strong trend line resistance around 278.50, once stock closes above 278.50 and stays above then stock is looking bullish for next 1-2 trading days.
- Intraday close watch once stock starts trading above 276.50 , if stays above in intraday then some intraday action is expecting in COX & KINGS . Close Watch.
- Suggested Reading - Kotak Mahindra Bank has formed double bottom bullish formation.
- If stock moves up from current level and stays above 278.50 then COX & KINGS will find next resistance around 295 its 161.8% fibonacci retracement.
- Click here to see all the trading reports (tips) published by us on COX & KINGS (as per technical analysis point of view).
No comments:
Post a Comment