“A technical correction in the form of profit booking followed and after the Covid event, the stock made a low of Rs 33.70 in March 20. Value buying followed and the stock gave a V-shaped recovery up move and made a high of Rs 153.40 in November 2021 but failed to cross its all-time high,” Bharat Gala, President – Technical Research, Ventura Securities, said.
Defence stocks surge 50% in a month. ‘Operation Sindoor’ type tactical buy or overkill?
Following the successful ‘Operation Sindoor,’ Indian defence stocks have surged, attracting significant investor attention. Experts advise caution against impulsive buying, emphasizing a strategic approach due
May 7, 2025