Chart Check: Up 40% in a month, this smallcap breaks above 13-years falling trendline; time to buy?
“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.
