The stock has broken up through resistance at rupee 283. This predicts a further rise. In case of negative reactions, there will now be support at rupee 283. Volume has previously been high at price tops and low at price bottoms.
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Volume balance is also positive, which strengthens the stock. The short term momentum of the stock is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for FDC Limited. The stock is overall assessed as technically positive for the medium long term.
