The upmove within the inventory of Sunteck Realty is gaining momentum. The inventory had surged 8 per on Thursday. This has turned the short-term outlook bullish. Help for the inventory is now within the ₹460-455 area. The 21-day transferring common (MA) is simply turning round from simply above the 100-Day MA.
It is a bullish sign. It signifies that the draw back might be restricted. So, a fall beneath ₹455 might be much less doubtless. Sunteck Realty share worth can rise to ₹520-525 over the subsequent two-three weeks. Merchants can go lengthy now. Accumulate on dips at ₹460. Preserve the stop-loss at ₹435. Path the stop-loss as much as ₹480 as quickly because the inventory strikes as much as ₹490. Transfer the stop-loss additional as much as ₹495 when the worth touches ₹505. Exit the lengthy positions at ₹520.
(Be aware: The suggestions are primarily based on technical evaluation. There’s danger of loss in buying and selling.)
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