This hospitality stock is attempting a breakout from the technical price pattern of a pennant. A breakout from such a pattern indicates a continuation of the ongoing trend and has the potential to move up by ~6%. The stock price has been comfortably moving above the multiple moving averages, reflecting the bullish trend in the stock.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is