Technical Analysis Equitas Holdings is consolidating in range(115-136) after giving a major breakout from downward channel in weekly chart. One can add small quantities at 115-120 levels. If the price of equitas holdings go below 115 it can go down till its first support at 100 level and one can also average at this level. This analysis is for long term...
After taking the support near 74 levels stock has bounced and trading near 94 levels. We can assume the stock has completed its 4th wave correction and is continuing in the impulse wave 5. One should invest in the stock keeping the stop loss of 79 and look for the target of 120-125 zone. Weekly MACD Disclaimer I am not sebi registered analyst My studies are...
Equitas is on uptrend and add to watchlist. If cross 82 and sustains -- we can see 100+ target in couple of sessions. Add to watchlist and trade as per trend.