Stock analysis Karma Energy Limited KARMAENG
Recent prices of KARMAENG Karma Energy Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Karma Energy Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Karma Energy Limited KARMAENG at this time. Stock is rising and might rise more.
It appears as if Karma Energy Limited KARMAENG gave a large move recently.
Stock of Karma Energy Limited (KARMAENG) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Karma Energy Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Karma Energy Limited stays above 70.7, but if it comes below 70.7, then a intra day sell could be more profitable.
If you take a sell trade below 70.7, then use 70.7 as stoploss and 60.36 as target. However if you take a buy trade in Karma Energy Limited, then use 70.7 as stoploss and 83.2 as target.