Chart Check: After 100% returns in 1 year, breakout from rounding bottom pattern could take Nava to fresh 52-week high
“The stock has recently risen after retesting the neckline of a rounding bottom pattern, and a bullish breakout was observed in mid-July 2022, which indicates the start of an uptrend. The breakout is confirmed as it was accompanied by higher volumes,” Omkar Patil, Technical Research Associate at GEPL Capital, said.
