Technical Analysis of Indian Stocks: State Trading Corp of India Limited (NSE India) on 5 April 2017
This is no buy/sell recommendation – just a trial to see if Technical Analysis (works to an extent) in NSE – India.
First let us look into the Technicals: STC had a bull run from ~105 to 250 (late Nov '16 to 10 Jan '17) and then retraced. Now it seems to be reversing from 150.
Prediction: A bullish move could take it to ~200 and then even higher (with SL @ 154).
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