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Technical Analysis of Arun Valley Hydropower Ltd.

- ShareSansar, June 1, 2016  on Featured , Latest , Technical Analysis , Technical Call
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Analysis of Arun Valley Hydropower Limited.

 

52 Weeks High Price – 391     High- 374

52 Weeks Low Price – 250   Low-340

Closing Price – 374

Volume – 61,779

 

Support and Resistance                                         Trend (Up/Down)

Resistance Level 3(R3)-   560                                   Long Term:   Starting of Trend       

Resistance Level 2(R2)-   450                                   Mid Term:     Up

Resistance Level 1(R1) –  390                                  Short Term:   Up

Support  Level 1(S1) –      330

Support  Level 2(S2) –     300

Support  Level 3(S3)–     250

 

Higher Breakout  Level –  410                                                           

Lower Breakout Level –    250                                                                                                                                            

 

Oscillator (OB/OS)

Relative Strength Index –  Trading above 70 Level

Bollinger Bands – Trading above the Upper Band

MACD-  Bullish Zone

Moving Average –  Prices are trading above 180 EMA , 20 EMA , 5 EMA                                                                                                                                               

Buy ->  Rs 360 – Rs 385

 1st Target –  Rs 450

2nd Target-  Rs 550

Risk Level – Rs 330

 

Sagun Shakya

-Technical Analyst

Disclamer:

Opinions expressed  are those of the individual authors and do not necessarily represent the opinion of sharesansar.com This commentary is a guideline to interpreting the specified indicators.  This information should only be used by investors who are aware of the risk inherent in securities trading.  IMS Investment Management Services Pvt. Ltd accepts no liability whatsoever for any loss arising from any use of this contents.

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