This hospitality stock is attempting a breakout from the technical price pattern of a pennant. A breakout from such a pattern indicates a continuation of the ongoing trend and has the potential to move up by ~6%. The stock price has been comfortably moving above the multiple moving averages, reflecting the bullish trend in the stock.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and