Price has retested its support zone and has bounced back up with high buying volumes after an inside

Company
28 Aug 2024
5 Min read 
  • Stock price retested support zone and bounced back with high volumes
  •  Stochastic indicator exited oversold zone, indicating buying momentum
  •  Recommendation to buy stock at current price with stop-loss and target
  •  Engineers India: Conviction Delivery Idea Technical Pick
  •  Target duration: Weekly
  •  Stock price: 222, Stop-Loss: 216, Target: 234
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