Technicall Call : Chhimek Laghu Bitta Bikas Bank Ltd.

52 Weeks High Price – 2688 52 Weeks Low Price - 1395 Company Last Trading  High- 2100 Low-2000 Closing Price - 2100 Volume – 7757   Support And Resistance Resistance 3-   2680                                                    Resistance 2-   2590 Resistance 1 -  2400 Support 1 –      1930 Support 2 –     1760 Support 3 –     1460                                                                                                        Trend (Up/Down) Long Term:   Up Mid Term:     Down              Short Term:   Seems to be Up   Pattern Analysis Chart Patterns- No Specific Patterns Candlestick Pattern -  Had made long Tail up to 1855 and close at 2000 on 18 July.   Oscillator (OB/OS) RSI -  Trading in Neutral Zone from Over Sold Zone Bollinger Bands –  Upper Band and Lower Band are fat to each other. MACD-  Bearish Zone Moving Average -  Price is above 5 EMA but below 20 EMA & 180 EMA 5EMA- 2080 20EMA- 2190 180 EMA- 1140 Volume Analysis: Volume Pattern- Trading above its average volume On Balance Volume- Increasing Trend Chaikin Money Flow- Positive Zone   Conclusion                 Buy - 1850-2000 1^st Target -     2400 2^nd Target-     2580 Risk Level –   Closing below 1750   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.