The counter has witnessed a breakout of inverse head & shoulder on the weekly timeframe. But it has given a meaningful correction to retest the previous breakout level of Rs 108. Now it is starting the next leg of a rally towards Rs 65.
Indian markets struggle to keep pace with global peers amid oil, rupee and geopolitical pressures
Foreign Portfolio Investors have withdrawn significant funds from Indian equities, resulting in notable market losses. Meanwhile, domestic mutual fund inflows have provided some support, mitigating