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Landmark Cars Limited (LANDMARK) Stock - Complete Technical Analysis - Sep 23, 2024

Landmark Cars Stock Analysis Key Support & Resistance Levels Explained

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Landmark Cars Limited is currently trading at 616.05, which is approximately 32% below its 52-week high of 905.00 and around 14% above its 52-week low of 541.20. The stock's recent performance shows a positive momentum, with the RSI indicating neutral strength, while the MACD suggests a bullish trend. However, the formation of a potential bearish divergence with the Stochastic indicator could warrant caution for traders. Support levels are identified around the 590 mark, with resistance likely to be encountered near 640. The ADX reflects a weak trend, suggesting that traders should watch for potential consolidation. Overall, it is advisable to keep an eye on key levels and market sentiment as price action unfolds.





 

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