The counter witnessed a double bottom formation that shows a change in trend and a momentum reversal from the prior leading price action. The overall structure looks lucrative as it trades above its all-important moving averages.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.