SRF, ICICI Bank among top 4 stocks which could give 11-23% return in 1-3 months: Here’s why

Money Control | Nov 10, 2019 at 5:26 AM
  • If the Nifty50 sustains above 12,000, the rally could continue towards the all-time high of 12,103 and then towards 12,280-12,350 levels.
  • The Average Directional Index (ADX) line, an indicator of trend strength has moved above the equilibrium level of 20 with rising Plus Directional line on daily chart.
  • MACD line on the daily chart has given positive crossover with its average and moved above the equilibrium level of zero indicating a trend change.