Sis Ltd, has shown a breakout in its 5-year trend. Currently, it is trading between 465 to 490. If you decide to buy, it is recommended to set a stop loss below 450. Additionally, the company has considered and approved a proposal for buying back its shares. The buyback will be done at a price of 550 rupees per share and the approved amount for the buyback is up to 900 million rupees.
Comment:
sis breached 465 support and going down below 450 stop loss level. if the day candle closed below 448 close the position.