Is SPENCER'S RETAIL in uptrend or downtrend?

In the short term price movements in SPENCERS share indicates the market is rangebound, with bulls trying to absorb excessive supply.

What is SPENCER'S RETAIL share price forecast for tomorrow?

In Spencer's Retail Limited stock current resistance level is at 39 and support level is at 37. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are SPENCER'S RETAIL support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Spencer's Retail Limited in the short-term, the supply zone around 39 and 40. Hence, good chances of resistance around 40. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Spencer's Retail Limited share is around 37 and 40. Hence, good chances for support around 40.

Why is SPENCER'S RETAIL share price falling today?

Perhaps SPENCERS stock is just having volatility. It can be viewed as an opportunity, unless the overall long-term trend and the mid-term trend are bearish. Kindly check out the overall trend analysis.

SPENCER'S RETAIL Share Price | Forecast Today

Analyzing Market Data

Analyzing Market Data