Stop-loss: Rs 4740Target: Rs 5130-5380Netweb Technologies is displaying a strong bullish setup on the daily chart, with the stock trading above all key moving averages (20/50/100/200 EMA), confirming a sustained uptrend.
After a healthy pullback towards the 20 EMA, the stock has witnessed strong buying interest and is now approachingits recent swing high near Rs 4,900.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own.
These do not represent the views of Economic Times)
Stop-loss: Rs 4740
Target: Rs 5130-5380
Netweb Technologies is displaying a strong bullish setup on the daily chart, with the stock trading above all key moving averages (20/50/100/200 EMA), confirming a sustained uptrend. After a healthy pullback towards the 20 EMA, the stock has witnessed strong buying interest and is now approaching
its recent swing high near Rs 4,900.
Virat Jagad, Sr Technical Research Analyst, at Bonanza Portfolio
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
