Avoid taking any directional view on markets: Sameet Chavan
Fortunately, the mighty bulls grabbed this opportunity with both hands; resulted in a V-shaped recovery thereafter to reclaim 15,700 at the close on ;ast Wednesday itself.
We may call this development as a good base building process and finally the stock is now out of its slumber phase.
On Friday, the entire space was buzzing after some favorable news flow and in the process, we witnessed a decent uptick in this stock to confirm a ‘Bullish Pennant’ pattern on the daily time frame chart.
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