A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.
Axis Securities turns bullish on SAIL, upgrades to ‘buy’ with Rs 130 target
SAIL shares: The brokerage firm believes that SAIL is more sensitive to steel and coking coal prices. A Rs 1,000/t rise in Hot Rolled Coils