Stock Radar: Ashiana Housing stock shows signs of bottoming out after 20% drop; time to buy?
- Posted on January 9, 2025
- By Business News Today
- 2 Views
Stock Radar: Ashiana Housing stock shows signs of bottoming out after 20% drop; time to buy?
The stock hit a record high of Rs 468 in June 2024 but dropped over 22%, closing at Rs 364 on January 7, 2025. After testing the 89-week EMA in October, it reclaimed the 50- and 21-week moving averages, signalling bullish momentum. With a 30% rise in 3 months, it could reach Rs 400-450 if upward momentum sustains.
