“The stock on the daily chart had given a breakout from a cup and handle pattern formation. The stock retested the support zone and bounced back sharply with volumes confirming the strength,” Kunal Shah-Senior Technical & Derivative Analyst at LKP Securities, said.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.