Buy GSS INFOTECH LIMITED (NSE: GSS )

16 Feb

Buy GSS INFOTECH LIMITED (NSE: GSS )

 

  •  The stock has been trading as per the Momentum Triple Pattern theory on daily and weekly chart which indicates that the trend is up and the stock could further accelerate its upside movement.
  •  On a monthly chart, the stock has started to trade above the 50 months exponential moving average which suggests mid term trend is up and may move further towards north.
  • Moreover, the stock has made a 52 week high level which signifies upward trend in the counter.
  • A daily momentum indicator RSI reading is at 66.51, showing a positive crossover which points out for a positive breath in the stock.
  • Based on above technical structure, we are expecting a good upside movement in the counter for the upcoming trading session.

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