BILCARE Daily BSE Stock Chart Technical Analysis:
Bilcare rose today, Opening at 674.95, Close & CMP at 686.25.
Market Outlook:
- The price seems to be rising again. It should go atleast up to Rs 720 -725 levels.
- If it crosses Rs 753, this could be very positive for a further rise.
Technical Indicators.
- The price has made two negative trend breakouts in just one month's time. A long term support line is helping the price from falling any further.
- A morning star lookalike pattern has formed today, this could be a positive signal for price rise after a week-long fall until yesterday.
- Tomorrow could be a crucial day as the market could fall significantly due to LIC and Central Bank loan scams, and prevent the positive rise in Bilcare. If Bilcare doesn't rise tomorrow due to this reason, then it makes this stock all the more buyable, and we should enter when it starts rising again.
BILCARE Daily BSE Stock Chart Technical Analysis
(Analyzed for Prakash, Vidisha)
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