Chart Check: 30% in a month! This capital goods stock just gave a breakout from double bottom pattern

August 16, 2022

On the weekly timeframe prices were in a strong uptrend from May 2020, Post September 2021 prices witnessed a pause in the trend. Prices are currently trading at its all-time high level which indicates that prices are in a strong momentum.

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The Nifty Bank index hit a fresh record high on Monday tracking positive global cues but witnessed some selling pressure at higher levels.

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