While the results were rightfully off vs. the estimates which is leading to the correction as well, Change is Govt will bring in complete uncertainty in the entire theme of green energy. While the transition still has to happen globally, the vision of current govt and the pace of execution has far higher confidence vs. a change. Personally i take help from technical factors during such times in terms of price volume.
If you see – 650 is a strong resistance now and we are moving closer to the support of the trendline – Around 520-530. The stock should spend some time between 520-650. Hopefully it reverses from here and makes a new high post June 4th
| Subscribe To Our Free Newsletter |
