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Sanghvi Movers Limited is the largest crane rental company in India and ranked 6th largest in the world by International Cranes.
Solar policy & green energy will be key trigger .
Sanghvi Movers Ltd: ₹134
Trading near the Bottom Trend line of a falling channel,
with the indicators showing a positive divergence.
Next resistance is at 195 Stop:130
The downtrend line needs to be overcome around 264 for it to come to bull territory. The 20, 50 and 200 EMA on Daily Chart is merging, indicating an explosive move shortly. Which way?