Stock Analysis and Trading Strategies

Pravesh Gour, Senior Technical Analyst at Swastika Investmart observed that the counter has witnessed a breakout of a cup and handle formations on the weekly chart with huge volume. It has retested its previous breakout level at around ₹955 and started a new leg of rally towards ₹1,200. Moreover, on the daily chart, the stock has broken out of a triangle formation.Read more:

1. Ramco Cements Share Price Hits 52-Week High, Up 47% This Year - Is It Still Buy-Worthy? - LiveMint
2. Infosys, TCS, HCL Tech: Trading Strategies for These Buzzing Blue-Chip IT Stocks - Business Today
3. Hot Stocks: Expect Double-Digit Returns in JK Paper, Vedant Fashions, Indian Hume Pipe - MoneyControl