“If we undergo the form of fifty, 100, and 200 days SMAs, we will clearly verify that the inventory is in a steady uptrend. Its intermediate and long-term pattern is bullish. The short-term pattern is unfavourable however it’s giving us a possibility to put money into shares from a medium to long-term perspective,” Shrikant Chouhan, Head of Analysis (Retail), Kotak Securities, stated.
