The inventory gave a trendline breakout with a robust bullish inexperienced candle, gaining 51 factors or 6.15% at present, with volumes above the 50-day transferring common.
For the reason that inventory has given the breakout, the potential targets are Rs 988 (T1) and Rs 1,095 (T2) within the coming days. A robust assist and cease loss is positioned at Rs 809, supplied the inventory closes above Rs 902.20.
The inventory has delivered a robust efficiency over the previous 12 months, rising 96%, and 76% within the final 6 months. It’s experiencing good shopping for strain, with volumes crossing the 50-day transferring common on the each day timeframe.
