Belrise has exhibited a bullish flag pattern, characterized by a strong uptrend from ₹91 to ₹164, followed by a brief consolidation between ₹163 and ₹144.
If the pattern holds, the stock may retrace toward the flag region before potentially resuming its upward momentum. The current setup indicates strong underlying buying strength and positive price momentum.
If the pattern holds, the stock may retrace toward the flag region before potentially resuming its upward momentum. The current setup indicates strong underlying buying strength and positive price momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.