trending stocks, Trending Stock: Stock market fall… This stock is in today’s top trending! – today july 12 top trending stock is astrazeneca india ltd

AstraZeneca is a famous company. In collaboration with the University of Oxford, the company developed and distributed the Corona vaccine to the public. But now again this company has become a talking point. Because the shares of this company are rising in the Indian stock market. It has gained more than 17 percent in 7 trading sessions. Even though the stock markets are in losses today, the company’s shares have risen up to 5 percent, making the company the top trending stock.

Shares of AstraZeneca Shares of AstraZeneca have risen more than 17 percent over the past 7 trading sessions. Shares rose 5 percent in the first hour of today’s trading. The stock received a lot of buying interest. Along with this, the stock is making record high collections. Today’s volume is higher than the 10-day average volume. Similarly, AstraZeneca’s stock rose above its resistance level of Rs 3,000. The stock is currently trading at Rs 3,082.90, up 4.09 percent from that mark. Also, trading above all major moving averages gives a positive indication.

14-day daily RSI (67.08) is in bullish zone. The stock is trading higher than the previous swing high. Thus both price and RSI are moving towards their maximum levels giving positive signals. ADX is also bullish. +DMI is above -DMI. OPV has also improved. This stock is seeing good volume strength. Surprisingly this stock has high highs and high lows.

There are several signs that this stock is bullish in the short to medium term. The stock is expected to test the Rs 3,300 level and touch Rs 3,500 in the medium term. Medium-term traders should consider and monitor this stock.