Inventory to Purchase At present: 22 March 2024 – Data Edge (India) (₹5,304.50): BUY

The outlook for Data Edge (India) is bullish. The inventory is getting good help round ₹5,000. The worth motion on the weekly chart over the past couple of weeks signifies the presence of sturdy patrons across the psychological degree of ₹5,000. Above this, there’s a cluster of transferring common helps within the ₹5,200-5,180 area. We count on the share value to stay above this help zone within the coming days.

Data Edge (India) share value can rise to ₹5,600 over the following few weeks. Merchants can go lengthy now at ₹5,305. Accumulate on dips at ₹5,220. Maintain the stop-loss at ₹5,090 initially. Path the stop-loss as much as ₹5,340 as quickly as the worth goes as much as ₹5,390. Transfer the stop-loss additional as much as ₹5,440 when the worth touches ₹5,520.  Exit the lengthy positions at ₹5,580.

(Observe: The suggestions are primarily based on technical evaluation. There may be threat of loss in buying and selling.)



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