#DEVYANI
Observations:
Caution:
The stock has been trading in a range for several years, which may indicate a lack of clear direction.
Observations:
- Forming Higher Highs (HH) and Higher Lows (HL) on the weekly chart, indicating a potential uptrend.
- Last week's big move was accompanied by above-average volume, suggesting strong buying interest.
- Relative strength against Nifty has improved.
Caution:
The stock has been trading in a range for several years, which may indicate a lack of clear direction.
Note
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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.