Sectoral bearish (or bullish ) trends in a sector with a lot of representative stocks of a similar nature will be important to watch. In case of Logistics sector there are only a handful of stocks in the sector worth talking about. Among those too business is quite different from one company to other. So I don’t think the sectoral chart theme applies too much to Delhivery. Delhivery broke out above crucial resistance of 450 in Feb 2024 and since then has been consolidating above and around it.
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