has given its closing above the 200 moving average
Yesterday, it took support from the 200 moving average
And today also it has also taken support from the 200 moving average and given its closing above the 200 moving average
A, further rise in stock price may be seen
bullish until the stock price is trading above the 200 moving average
Also, a crossover may be seen between the 20 and 100 moving averages at the upward direction, which indicates a further rise in the stock price
The RSI indicator is also at 69, which also indicates that a further rise in price may be seen
A 200 moving average will act as an important support level, and until the stock price is above the 200 moving average will be bullish in.