Investors have paid higher prices over time to
buy Satin Creditcare Network Limited and the
stock is in a rising trend channel in the
medium long term. Rising trends indicate that
the company experiences positive
development and that buy interest among
investors is increasing. It also gave positive
signal from the rectangle formation at the
break up through the resistance at 173.
Make money using our
bank nifty option tips on a daily basis with a small capital of Rs 10000.
Further rise to 235 or more is signaled. The
stock has broken a resistance level in the
short term and given a positive signal for the
short-term trading range. There is no
resistance in the price chart and further rise is
indicated. In case of a negative reaction, the
stock has support at approximately 170
rupee. Volume has previously been high at
price tops and low at price bottoms. Volume
balance is also positive, which strengthens
the trend. Trading volume has increased
substantially lately. This shows there is an
increased interest for the stock, possibly
because of fundamental news. The stock is
overall assessed as technically positive for
the medium long term.