Hi Hitesh Bhai: How does the sectoral bearish or consolidation trend affect the individual stock prices that are in an uptrend after a good base formation? For instance, in the logistics sector all the major listed names are either in downtrend or taking support at 40MMA whereas Delhivery stock price is honoring the uptrend after a good base (Cup-N-Handle) formation. Appreciate your thoughts. TIA.
Disc: Hold an old position in Delhivery.
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