Stock Radar: The New India Assurance Company stock takes support above 50-DMA, forming inverse Head & Shoulders pattern

The New India Assurance Company is showing bullish signals, rebounding from its 50-DMA and nearing a breakout from an inverse Head & Shoulders pattern. Experts suggest a buy for short-term traders, targeting Rs 220 within 1-2 months. Technical indicators like RSI and MACD support the bullish outlook, with a potential golden crossover further strengthening the uptrend.