Igarashi Motors India Ltd on a daily, weekly &
monthly chart stock price is making higher highs and high lows pattern with
increase in volume, indicate positive outlook for the stock price. On a weekly chart
stock price has given the breakout at Rs.743 of rounding pattern its trading
above the same, indicate ongoing rally will continue towards north. Momentum
oscillator MACD is rising, which add more bullishness for the stock price.
If one were to go by the
volume data, a higher upswing is seen on the stock price. Trader or investor
can accumulate at Rs. 783 for the target of Rs. 860/895 levels, with Rs.740
stop loss on closing basis.
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