Cease Loss: Rs 370
On the each day chart, the inventory has moved up sharply after forming a base. The breakout candle was backed by a surge in quantity, suggesting broad participation. Moreover, the value has moved above the 200DEMA on the each day chart.
(Rupak De, Senior Technical Analyst at LKP Securities)
(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Occasions)