Stock analysis Metro Brands Limited METROBRAND
Recent prices of METROBRAND Metro Brands Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Metro Brands 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 Metro Brands Limited METROBRAND at this time. Stock is rising and might rise more.
It appears as if Metro Brands Limited METROBRAND gave a large move recently.
Stock of Metro Brands Limited (METROBRAND) 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 Metro Brands Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Metro Brands Limited stays above 1157.4, but if it comes below 1157.4, then a intra day sell could be more profitable.
If you take a sell trade below 1157.4, then use 1157.4 as stoploss and 1109.86 as target. However if you take a buy trade in Metro Brands Limited, then use 1157.4 as stoploss and 1214.4 as target.