Genting Singapore PLC took support @ its 1.86 levels and now crossed its 50 day MA level of 2.021 and closed on weekly high of 2.04.
Genting Singapore PLC making a Falling wedge pattern, as it was trading in a bearish consolidation trend and now it can move to bullish zone as it took support @ lower support line and reverse, so if it will give breakout above 2.04 it can turn
to be bullish.
Genting Singapore PLC having a Resistance level @ 2.04 and it can move towards and crossed its upper trend line which is connecting with lower high and go for 2.16-2.25 and above.
Genting Singapore Ltd having Support @ 2.00 levels and below this level 1.96-1.86 will be the major support zone for
Genting.
Genting.
Technical Indicator MACD gave its bullish Crossover and seems more bullish and RSI trading above centreline of 50 @59.18.
Trading Advice-
Buy For 5-6 Days at 2.04 Targets- 2.08-2.12-2.160 Stop loss- 2.00
0 comments:
Post a Comment