Stock Radar: 200% rally in 6 months! This multibagger consumer electronic stock finds support around 12-WMA
- Posted on October 31, 2024
- By Business News Today
- 3 Views
Stock Radar: 200% rally in 6 months! This multibagger consumer electronic stock finds support around 12-WMA
This BSE Smallcap index stock surged from Rs 199 on April 29, 2024, to Rs 585 on October 29, marking an over 192% gain. Although it reached a record high of Rs 694 on September 25, it couldn’t sustain the peak. Experts suggest the slight dip as a potential buying opportunity, as the stock continues its uptrend and found support above the 12-week moving average on weekly charts.