Stock of the day : EID Parry Ltd For Target Rs. 954 By Jainam Share Consultants
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EID Parry Ltd
* The stock price trading at Rs. 884.00 on 02 Dec 2024.
* Currently the stock has given consolidation range formation which resemble as range breakout on daily chart.
* At this point, the price is trading above all of its significant moving averages and near to all time high, indicating bullish momentum. Additionally, the Mometum Indicator RSI is trading above 60 in a positive zone.
* We expect the stock price to continue its current bullish momentum and head towards 925 - 954 levels considering the current price action.
Buy EID Parry Ltd @ 884 Target 954 Stop Loss 843
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
