Stock Radar: This multibagger stock breaks out of Inverse Head & Shoulders pattern; time to buy?
- Posted on January 7, 2025
- By Business News Today
- 6 Views
Stock Radar: This multibagger stock breaks out of Inverse Head & Shoulders pattern; time to buy?
The stock has doubled investors’ wealth in a year, rising from Rs 359 on January 3, 2024, to Rs 777 on January 3, 2025. It gained over 6% in the past three months and 5% in a month. Testing its 50-DMA in December, it broke out above Rs 770. Experts suggest holding long positions as long as it trades above Rs 720.