The most recent price action on LTTS shows the formation of a complex Inverse Head & Shoulder formation. The stock has seen a significant corrective decline from the high point of Rs 5955. The development of this pattern makes it a valid one as it is formed after a significant decline.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.