QUICE Quice Food Limited Analysis 03 Oct. 2016

Further Advance

Our Pivot: 7.95

Our Preference: Start buying QUICE above 9.61 and average it out till 9.03 with strict stop loss of 7.95 and target at 11.94 with extension towards 12.20.

Alternate Scenario: Downward penetration of 7.95 will call for 6.49.

NOTE: QUICE have penetrated its weekly triangle in upward direction and have formatted a bullish trend channel right now its getting support from supportive trend line of said channel.

Recommendations:

Start buying QUICE above 9.61 and average it out till 9.03 with target at 11.94.

Weekly Chart with Supports and Resistances:

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