Positive MACD indicator insist me to recommend this stock. The trigger is when MACD turns from negative back to positive . The MACD indicator is one of the most reliable, simplest and widely used technical indicators in existence, and offers both an easy way of looking at a market and its overall market direction. Looking at MACD we can only say “ Worst is over time being”. Traders can buy at the opening bell keeping stop loss of Rs.503 for an intraday target of Rs.519, Cross over will take this to Rs.527. Soon stock will cross Rs.540 mark.
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