GUJARAT NRE COKE Daily NSE Chart Technical Analysis:
The price continued to fall alongwith the rest of market.
Price opened at 58, higher than past two days close. But it fell and CMP is 54.7.
Market Outlook:
- Price should start rising again on Wednesday or latest by Thursday, keep noticing this stock.
Technical Indicators.
- Price stopped exactly at the long term support of Rs. 54.70. It even dipped to 54.25 intraday but recovered and rose up exactly to the support point.
- The stock has reached its oversold levels and this is also an indicator that the price could recover.
- If at all, the price falls below its support line at 54.70, there might be no recovery soon after that. Let's hope this doesn't happen.
GUJARAT NRE COKE Daily NSE Chart Technical Analysis
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