Potential Turnaround Stock - Positional Idea TTK Prestige LTP ~ INR 5984/- Breakout At INR 6575/- Resistance At INR 7750/- Support At INR 5325/-
The stock from a technical standpoint is trading Above 3% to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA. 50DSMA ~ 5774.40/- Trading above 50 Day SMA from 24th Dec 20 It needs to take support around the 50 DMA level to continue further upside move.
Stock is technically in a Mildly Bullish range The technical trend has improved from Sideways on 24-Dec-20The stocks MACD and Bollinger Band technical factors are also Bullish