Stocks to Watch For Today From CapitalHeight

Stocks to Watch For Wednesday- CapitalHeight GUJ STATE PETRONET LIMITED.
Stocks to watch by CapitalHeight
Technical Analysis 

                      The GUJ STATE PETRONET closed at Rs 181.85 on September 25, 2018. It made a 52-week low at Rs 290.33 on September 28, 2017 and a 52-week high of Rs 235.80 on Dec 17. The 200-days Exponential Moving Average (EMA) of the stock on the daily chart is currently at Rs 180.The medium-term is looking positive for the stock as it is trading near an all-time high. It is likely to form the “Cup and Handle” pattern on Daily charts, which is considered to be bullish.

Last week, the stock losers over 5 percent with a rise in volume activity and also GSPL sustain from channel line supports levels around 170-180.On the indicators front, RSI and MACD are also suggesting buying for the stock long in the range of Rs 180-181 levels for the upside target Rs. 190-196 levels stop loss with 171.15.

For More Update About Market Click here: CapitalHeight.