Stocks to Watch For Today From CapitalHeight

Stocks to Watch For Wednesday -FUTURE RETAIL LIMITED
After making several corrections on the long-term chart in a price-band of Rs 545-495 levels, future retail witnessed a sharp turnaround at the lower channel to trade upward on daily and weekly basis.

The weekly RSI trend registered an upward momentum at 64 suggesting a positive divergence along with positive cues on MACD indicating fresh bullish crossover.

future retail has a support placed at Rs 540 levels and resistance level at Rs 590.we have buying recommend at the between level 545-546 for the target of 560-575 and a stop loss below 519.

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