EVERESTIND's Recent Breakout - A Dive into the Technical📈 EVERESTIND's Breakout Analysis 📉
Hello, fellow traders! Today, we're diving deep into EVERESTIND's breakout that occurred on 7th August 2023, shortly after the company announced impressive financial results. The stock has shown some intriguing patterns, and I'm here to break it all down for you,
0.51%
18.85INR
423.595MINR
16.468BINR
5.209M
About EVEREST INDUSTRIES
Sector
Industry
CEO
Rajesh Joshi
Website
Headquarters
Mumbai
Employees (FY)
3.993K
Founded
1934
ISIN
INE295A01018
Everest Industries Ltd. engages in the provision of building solutions. It operates through the Building Products and Steel Building segments. The Building Products segment includes manufacturing and trading of roofing products, boards and panels, other building products and accessories. The Steel Building segment consists of manufacture and erection of pre-engineered and smart steel buildings and its accessories. The company was founded on April 3, 1934 and is headquartered in Mumbai, India.
Everest: A New High after a Series of Declines?A breakout occurred after a series of declines.
The Price is trending above its 20-day moving average.
The good thing is that the price is still above the 200-day moving average.
The breakout candle has proper volume , so it can't be called a fake breakout
See all ideas
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