Karur Vyasa and RCOM

Karur Vyasa Bank

 

 

 

 

NSE KARURVYSYA EQ_Daily_1Year

Price trading above its rising support line and pierced the Symmetrical Triangle  and trading above  50 DMA and touched 100 DMA. Hence above 495 levels stock might bounce til 510-517 levels. SL 481 levels. CMP 493

 

RCOM

 

NSE RCOM EQ_Daily_2Year

As seen from the above chart stock pierced its Ascending Triangle and Inverse H/S Pattern which is perfectly backed by the volume principles Hence for the coming sessions we advise to go long till 78-81 levels. CMP 72 SL 69.70

( CLOSING)

 

Nishant Bali, CMT

Independent Consultant

Erudite Financial Institute