Technical Analysis of CENTRALBK
As per chart pattern, this stock is in bullish trend in Weekly and Monthly time frames. But consolidating in one hour(H1), Four Hour(H4) and Daily(D1) time frame in symmetrical triangle with few local Support/Resistance and major support/Resistance as mentioned below:-
Local Supports:-
S1 - 57.78
S2 - 54.71
S3 - 52.00
Major Support:-
S4 - 41.79
Local Resistance:-
R1 - 66.89
R2 - 68.32
R3 - 70.04
R4 - 72.75
Major Support:-
R5 - 76.83
This is my personal opinion based on my technical analysis of this stock. You can check this analysis with your own analysis and then decide whether to buy this stock or not. If you buy then buy on every dip to maintain average of this stock so that you can get maximum profit from it.
Start Buying at CMP62 and safe Buy above 64 as mentioned on the chart
All major points are mentioned below and also on the chart itself.
But I am Bullish in this stock from short term to long term investment plan
Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
As per chart pattern, this stock is in bullish trend in Weekly and Monthly time frames. But consolidating in one hour(H1), Four Hour(H4) and Daily(D1) time frame in symmetrical triangle with few local Support/Resistance and major support/Resistance as mentioned below:-
Local Supports:-
S1 - 57.78
S2 - 54.71
S3 - 52.00
Major Support:-
S4 - 41.79
Local Resistance:-
R1 - 66.89
R2 - 68.32
R3 - 70.04
R4 - 72.75
Major Support:-
R5 - 76.83
This is my personal opinion based on my technical analysis of this stock. You can check this analysis with your own analysis and then decide whether to buy this stock or not. If you buy then buy on every dip to maintain average of this stock so that you can get maximum profit from it.
Start Buying at CMP62 and safe Buy above 64 as mentioned on the chart
All major points are mentioned below and also on the chart itself.
But I am Bullish in this stock from short term to long term investment plan
Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.