Technical Analysis on Everest Insurance Company Ltd.

Everest Insurance Company Ltd. 52 Weeks High Price – 1,900 52 Weeks Low Price - 647 Company Last Trading High- 1,900 Low-1,800 Closing Price - 1,900 Volume – 7,864 Support And Resistance Resistance 3- 2,800 Resistance 2- 2,150 Resistance 1 - 1,970 Support 1 – 1,670 Support 2 – 1,420 Support 3 – 1,200 Higher Breakout Level - Not such level is seen Lower Breakout Level - 1,670 Trend  Long Term: Up Mid Term: Up Short Term: Up Pattern Analysis Chart Patterns- No any pattern have formed Candlestick Pattern - Long candlesticks are forming Volume Pattern- Trading above its average volume Oscillator (OB/OS) RSI - Trading above 70 Level Bollinger Bands – Trading above the Upper Band MACD- Bullish Zone Moving Average - Trading above 180 EMA , 20 EMA , 5 EMA Conclusion Buy - 1,670 -1,750 1st Target - 2,150 2nd Target- 2,800 Risk Level – Closing below 1,670 Sagun Shakya -Technical Analyst-   Disclamer: Opinions expressed are those of the individual authors and do not necessarily represent the opinion of sharesansar.com This commentary is a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. IMS Investment Management Services Pvt. Ltd accepts no liability whatsoever for any loss arising from any use of this contents.