The stock saw a vertical move to Rs 330 in August and post that it started consolidating. The recent price action helped the stock to break out of the consolidation range on daily charts since August and from an inverse head and shoulder pattern on the weekly charts.
Positive Breakout: These 8 stocks cross above their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 19, 2026, according to stockedge.com’s technical scan