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Charts of the Day - 03rd Nov 2021 | TraderSmith

Author: Yathisha Naik

November 03 2021 | Reading Time: 5 Minutes
Garden Reach Shipbuilders & Engs
 

 
  • Today, the stock broke out of a 64-week consolidation on above average volume.
 
  • Also, the stock broke out from a trendline connecting the high of November 2019 to August 2020.
 
  • Likewise, RS line is also trending upwards.
 
  • Simultaneously, the slope of momentum indicators like RSI on multi- timeframe charts has now turned upward with a positive crossover, along with positive MACD.
 
Skf India
 

 
  • The stock has been trading in an upward sloping channel while holding its support at its 50-DMA.
 
  • Simultaneously, RS line also broke out from a small consolidation range.
 
  • The slope of momentum indicators like RSI on multi- timeframe charts has now turned upward with a positive crossover, along with a positive MACD.
 
  • The stock has a good EPS Rank of 85, and a Buyer Demand Rating of  A. The number of funds holding the stock also increased substantially in the last quarter.
 
LT
 

 
  • Today, the stock has formed a bullish candle and made an all-time high.
 
  • It has been trading in an upward sloping broadening channel with support at its 50-DMA.
 
  • The stock has a good EPS Rank of 79, and a Buyer Demand Rating of  B+. The number of funds holding the stock also increased substantially in the last quarter.

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