6532 Investors following Edelweiss Cap. Share this News with them.
0
Like this story, share it with millions of investors on M3
Edelweiss Capital has target of Rs 75: Thacker
Important supply area on Edelweiss Capital is around Rs 61.50. Wait for the stock to get past Rs 61.50 and Rs 75 could be a good target, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Important supply area on Edelweiss Capital is around Rs 61.50. Wait for the stock to get past Rs 61.50 and Rs 75 could be a good target, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Thacker told CNBC-TV18, "The entire set-up of Edelweiss Capital is very-very positive. But the level to watch out here which is one important supply area is round Rs 61.50. You get a couple of closing above that. It could be very good uptrend for the stock price, Rs 75 could be a good target. So wait for the stock to get past Rs 61.50."
Edelweiss Capital touched an intraday high of Rs 62.80 and an intraday low of Rs 58.35. At 15:47 hrs the share was quoting at Rs 61.75, up Rs 3.75, or 6.47%. There were pending buy orders of 11,177 shares, with no sellers available. It was trading with volumes of 5,278,777 shares. Yesterday the share closed up 5.84% or Rs 3.20 at Rs 58.00.