Booker Group Plc
RECOMMENDATION : BUY
Booker Group Plc is looking good for buying ,the major trend of stock is bearish but it's showing accumulation from bottom and gaining strength for buying. Stock is trading above 50 DMA and facing support from 200 DMA, Stock is facing resistance from trend line crossing of it can show upside movement.One can initiate the long position in the stock above the level of 127.50 with stop loss of 122.50 for the target of 137.50.
Stock is showing accumulation from the bottom breaching of resistance level can show upside movement,
It's managing to trade above 50 DMA and facing resistance from 200 DMA crossing of it can show upside movement.
RSI has manages to trade above 50 level and looking strong for buying , breaching of 58 level it can test 70 level.
Fast line has given the break out above slow line and managing to trade above zero level line indicating strength for buying in the stock.