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RECOMMENDATION
: BUY
Close Brother Group Plc is looking strong on charts for buying .The
over all trend of stock is Bullish and it is managing to trade with
positive biasStock is strength as it's sustaing above both moving
averages .In upcoming session it can show upside movement after
crossing of the resistance level at 1390 it can test the level of
1490 with the stop loss at 1340.
CHART FORMATION:-
Stock has managing to trade with positive bias and managing to
sustain at higher crossing of resistance level it can show upside
movement.
It's managing to trade above 50 DMA and 200 DMA with positive bias.
INDICATORS:-
RSI is trading above the level of 50 and looking further bullish and
facing resistance at 60 crossing of it can test the level of 70.
Fast line has given the break out above slow line and it's sustains
above the zero level.
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