COFFEEDAY ANALYSIS
Updated
Stock has formed a base at 25 and 50 level acts as a strong support
Resistance levels 74 and 87
CLose above 87 will take the stock to 200
Stock can be accumulated above 50.
Disclaimer : It's not a buy/sell recommendation. Posts/views are only for educational purpose.
Resistance levels 74 and 87
CLose above 87 will take the stock to 200
Stock can be accumulated above 50.
Disclaimer : It's not a buy/sell recommendation. Posts/views are only for educational purpose.
Trade active
After facing resistance at 74 , stock broke 50 level and now it is trading at 25 another strong support level. For now this stock can be avoided as there is strong selling pressure.
We need to keep a track and observe the price action at this level.
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