Today’s Stock Recommendation: 22nd February 2024 bl-premium-article-image

Akhil NallamuthuGurumurthy KRenil S VargheseBijoy Ghosh Updated - February 22, 2024 at 11:58 AM.

Here’s an interesting stock idea: Although this scrip has rallied over the past week, the broader trend is bearish. The chart shows that the scrip is now trading near a resistance at 500. The 20-day moving average and a trendline resistance coincide at this level. So, 500 is a tough barrier to break. We anticipate a fall from here. Check out the latest episode of BL Today’s Pick to learn more.

Published on February 22, 2024 01:00