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Tuesday 27 December 2016

RSSOFTWARE WEEKLY CHART

STRONG BUY RSSOFTWARE above 96 STOPLOSS 70 TARGET 150---200 (PURELY DELIVERY)


GRAPHICAL PRESENTATION:


macd divergance wxample char

TECHNICAL PRESENTATION:


Since start of the year 2015 stock has corrected from 300 level to low of 58 level in mid Jan 2016 where the counter has find some support level and from last 11 month the counter is consolidating in the price rage of 60 to 100 level. Further, the RSI Oscillator on weekly chart is indicating positive divergence from start of November month which is also coincide with MACD parameter too. So considering the above technical parameter on weekly chart we are advising our clients/Traders/Investors to but the stock after due diligence.


8 comments:

  1. Alert: The stock today made high of 113.20

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  2. Alert: RSSOFTWARE heading towards 5% UC at 122.65

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