Good pattern. ✅Stock is trading inside a channel ✅Stock is in an uptrend. ✅Picking good volumes on the way up. ✅Trading above key DMAs. ✅Group movement in the pharma healthcare sector.
CMP: 683. One can accumulate from CMP or watch for a breakout of the channel. Understand the risk involved. The market moving up today very well could be a trap, to lure the retail investors.
This view is just for educational purposes and please do your due diligence before investing.