Satin Creditcare Network, a microfinance firm, has seen a breakout from the Cup & Handle pattern on the daily charts, allowing for a potential move to fresh 52-week highs. It rose more than 5% in a week and over 30% in the last three months, as it broke through stiff resistance and hit a 52-week high in early June 2022. Analysts recommend that as long as it holds on to Rs150, bulls will remain in control, and expect prices to potentially touch Rs230 in the next 2-3 months.
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