The smallcap stock bounced back after hitting a low of around 175 in February 2022. The stock remained volatile thereafter but still managed to make higher highs and higher low formations post June 2022. The stock with a market capitalization of more than Rs 2600 cr hit a fresh record high of Rs 313 on 19 August 2022. Technical suggests that the momentum is likely to continue which could take it towards Rs 333 in the next few weeks.
Tech View: Nifty indicators give positive signals, likely to face resistance at 24,694. How to trade tomorrow
Nifty formed a bullish candle today, closing at a 5-session high after establishing a triple bottom in the 24,073-24,140 range. Indicators signal a bullish short-term