Today's Opening - 255
Today's High - 258
Today's Low - 252
Today's Closing - 256
Previous Day's Opening - 247
Previous Day's High - 255
Previous Day's Low - 245
Previous Day's Closing - 254
Positive closing, with volumes lower than the previous day.
The stock is taking support at the 5-day Exponential Moving Average level of 251.
For the first time since 26th Nov, the 14-day Positive Directional Index has got slightly stronger than the Negative Directional Index.
For the first time since 26th Nov, the 3, 10-day Moving Average Convergence Divergence has turned positive.
For the first time since 1st Dec, the 20-day Commodity Channel Index has risen above zero.
The 2-day Relative Strength Index has remained above 98% for two days in a row.
However, the closing candle is still below the 13, 16-day Ichimoku Kinko Hyo cloud.
Inspite of a seemingly upward trend, the stock needs to break 260 decisively to confirm the trend. In the near term though, the 20-day Exponential Moving Average level of 253 will act as a good support.
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