Volumes were quite high, and the stock was forming a higher top and higher bottom patterns. From highs, the price witnessed some selloff to form a flag pattern. It breached the pattern and was trading at an all-time high level of 102 this week.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid