TATACHEM

stock price analysis and breakout

After giving a continuous positive closing for 4 days A crossover between a 20 and 100 moving average has been seen in the upward direction, which indicates a further rise in the stock price The stock price has also closed above the important resistance level of 908 Now, a further rise in stock price may be seen and it may move towards the 200 moving average, which is currently at 976 and which may also act as an important resistance level RSI is at 71 Currently, the stock price of

trading at 930.4 Level 908 will now act as an important support level As support and resistance are interchangeable once broken