Cease Loss: Rs 230
Goal: Rs 260
Housing & City Growth Company Ltd has damaged out of an ascending triangle sample on the every day chart, a bullish setup backed by robust quantity, which signifies rising shopping for curiosity. The inventory is at present hovering close to its current swing highs, with each the quick and gradual EMAs transferring upward, signaling regular optimistic momentum. The RSI can also be on the rise, additional supporting the energy of the continuing uptrend. This mix of technical indicators factors to a powerful bullish outlook, with the potential for extra upside so long as the inventory holds above the breakout stage.
(Virat Jagad, Technical Analysis Analyst at Bonanza)
(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t signify the views of Financial Instances)
