NSE:EQUITAS
The stock has remained in a broad trading range over last couple of months. Currently, the stock has encountered a double top resistance and is seen attempting to break out. RSI is seen breaking out of a pattern and has marked a fresh 14-period high on Weekly Charts which is bullish. MACD remains in continuing buy mode. The Stock has closed outside the upper Bollinger band. As it remains slightly overbought, it may see a temporary throwback inside the bands. However, it signals potential breakout taking place. On-Balance Volume – OBV is has marked a fresh high which is bullish.
The stock has remained in a broad trading range over last couple of months. Currently, the stock has encountered a double top resistance and is seen attempting to break out. RSI is seen breaking out of a pattern and has marked a fresh 14-period high on Weekly Charts which is bullish. MACD remains in continuing buy mode. The Stock has closed outside the upper Bollinger band. As it remains slightly overbought, it may see a temporary throwback inside the bands. However, it signals potential breakout taking place. On-Balance Volume – OBV is has marked a fresh high which is bullish.