Technically speaking.. this stock is showing strong strength. 14-day RSI is at 72.52 with super bullish zones. MACD is also indicating a bullish crossover. +DMI is above -DMI. OBV is also increasing since last few days. This indicates active participation of this stock. Technical parameters indicate that the stock will rise further in the coming days.
Seat stock has already touched 52-week highs. Traders should keep this stock in their watchlist to observe further movements. Seat Limited Company is a Rs.5,500 crore midcap tire company. Mainly this tire company manufactures and sells automobile tires, tubes and flaps. Seat stock is very strong in this sector.
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