Chart Check: After 100% rally from June lows, here’s what makes this smallcap an attractive buy

January 5, 2023

Key observation has been that share price has given a faster retracement of August 2021–June 2022 decline (Rs 100-50) faster signalling a structural turnaround and is expected to outperform in coming months. Consolidation of past five years (CY17-22) resembles a bullish cup and handle pattern.

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