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Wednesday, 15 November 2017

Stock to watch for 16h NOV

KAYA

The stock is sustaining above support level which is (830-840). Hammer candlestick pattern has been formed on 2 hourly chart and also MACD had also given upward crossover and RSI is at 40.86.

We recommended traders to buy KAYA above 855 level and target of 865-880 may achieved with a stop loss of 840


SOBHA

SOBHA is in buying trend and also consolidating around higher levels. Trend line will be considered above 522 levels. Macd had also given upward crossover in 4 hourly chart and RSI is at 57.99 level 

We recommend traders to buy SOBHA above 522 and a target of 529-540 may achieved with a stop loss of 515


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