Two-year NSE daily chart of Pitti Engineering Limited.
From May 2021 to Aug 2022, the price moved in an upward channel. Now the lower band of that channel (if extended) will act as resistance. So the current rise is likely to face resistance at 460-470 levels. If that level is breached from below, the price may again move in the same channel. Real rise will come, if the upper band is also breached.
Disclosure: I have a long-term view of this company that is nearly a decade. I am heavily invested from 30-40 levels. Not investing at current levels.
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