1)The stock is in series of higher high and higher low since October 23
2)It is consolidating in a range of 390 to 460 from last six months. In last few days it breakout from the consolidation zone with uptick in the volume. This could lead to a potential up move in coming month.
3) Relatively is also started outperforming the nifty move recently.
Relative Strength of the stock Compared the Nifty 50 is moving above 0 line form couple of sessions on daily chart. ( RS Learning courtesy : Premal Parikh)
There is also a breakout of the downward channel on weekly chart.
Because of the lock down, as there are less domestic helpers at households, there is increase in demand for white goods which might result in...
