The agrochemical stock with a market capitalization of nearly Rs 58,000 crore hit a low of Rs 240 on 23 March 2020 on the weekly charts. Since then, the stock has been in an uptrend. After a steady rise, the stock was seen consolidating in a narrow range where Rs 600 acted as strong support while levels closer to Rs 800-850 acted as a stiff resistance since February 2022.
F&O Talk| Nifty’s narrow range breaks on Iran-Israel tensions; 24,450–24,500 emerges as key support: Sudeep Shah
Amidst escalating geopolitical tensions, Indian markets faced a downturn, with the Nifty and Sensex both declining. Analyst Sudeep Shah suggests a cautious approach, highlighting crucial