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| FSTE stock pick of the day |
RECOMMENDATION
BUY
TARGET 540
The primary trend of Polymetal International Plc is bullish and from
last few trading session stock is showing strength for buying and
looking strong on charts.Stock is facing support from the level 468
sustaining above that can show northward journey.One can initiate the
long position in the stock above the level of 500 with Sl 465 for the
target 540.
CHART FORMATION:-
Stock has managing to trade with positive bias and consolidating near
to resistance level crossing of it can show northward journey.
Stock is sustaining above 50 DMA & 200 DMA with positive bias.
INDICATORS:-
RSI is trading near to the level of 50 and showing consolidation ,
Breaching of the resistance level can manage to test the level of 70.
In ADX is trading near to25 level , Positive DI is about to give the
break out above negative DI with positive bias.
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