“The stock in this quarter posted a strong Bullish candlestick bar with a golden crossover of long-term moving averages (50,100 & 200) on daily charts. Price target projected for this pattern is placed at Rs 345 levels & a move below 120 levels on a closing basis would negate the same,” recommends Deodhar.
Increasing global uncertainties may impact demand, India’s exports: FIEO
FIEO warns of geopolitical tension impact on 2024-25 exports due to global demand. Outbound shipments fell by 3.11% in 2023-24, imports over 8% to USD