Systematix Shares' research report
Polaris is currently trading above a major rising trendline.yesterday,It formed bullish engulfing candlestick pattern at the support line. It also breached its minor decending trendline. RSI exhibited a positive crossover. The stock future is expected to continue to rise in the next few sessions. Traders can buy the stock on dips till 137 with a stop loss of 133 for a target of 147.
Andhra Bank Jan Future gave a breakdown from a major horizontal support at 58.50 It also closed below its lower Bollinger band, indicating an increase in downward pressure. RSI has also breached its support level of 40 and turned for the downside. Traders can Short sell Andhra bank Jan future on rise till 57.50 with a stop‐loss of 59.10 for a target of 55.
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