QUICE Quice Food Limited Analysis 15 July 2016

Rebound Insight

Our Pivot: 6.49

Our Preference: Start buying QUICE above 7.98 and average it out till 7.33 with strict stop loss of 6.49 and target at 9.73 with extension towards 10.41.

Alternate Scenario: Downward penetration of 6.49 will call for 5.57.

NOTE: QUICE is getting support from a horizontal supportive region along with a strong supportive trend line. It also have completed its 61.8% weekly correction and stochastic have also created a bullish crossover.

Recommendations:

Start buying QUICE above 7.98 and average it out till 7.33 with target at 9.73.

Weekly Chart with Supports and Resistances: