The stock is in a strong uptrend as it bounced after forming a base around its 38.2% Fibonacci Retracement level of the prior up-move (Rs 2,205-2,515), which was placed at Rs 2,400.
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.
Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty and
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