The stock has registered its highest Monthly Close.
The Monthly MACD has also turned positive.
In the past such instances, the stock has given a strong rally in the following months (One exception, where price failed to clear prior all time high)
The stock could hence see a decent rally in the coming few months.
Bullish View remains valid as long as prices stay above Rs.800.
The Monthly MACD has also turned positive.
In the past such instances, the stock has given a strong rally in the following months (One exception, where price failed to clear prior all time high)
The stock could hence see a decent rally in the coming few months.
Bullish View remains valid as long as prices stay above Rs.800.