LKP Spade : A Weekly Pick - Buy Grindwell Norton Ltd For Target Rs.1915 By LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Grindwell Norton Ltd
* The stock on the daily chart has formed an inverse head and shoulder pattern which is a bullish reversal pattern.
* The momentum oscillators are in the buy zone which confirms the internal strength and the stock is trading above its short term moving averages.
* The RSI on the daily chart is breaking above the level of 60 which will help to accelerate the momentum on the upside.
Buy Grindwell Norton Ltd @ Rs. 1746 Stop Loss Below Rs. 1660 CB Target Rs. 1833/1915 Duration 1 Week
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at www.lkpsec.com/#foo
SEBI Registration number is INM000002483
Above views are of the author and not of the website kindly read disclaimer
