NCC has seen a breakout of nearly a month-long consolidation and formed strong bullish candlestick pattern on the daily scale with robust volumes. In fact, the trading volume was highest since January 2 this year.
For Nifty, closing and sustaining above 19,500 in the coming days can open doors for 19,800 levels, with crucial support at the 19,250-19,200 area, which has been held so far by the market, experts said
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Poly Medicure has formed Bullish Engulfing candlestick pattern on the daily timeframe and settled way above 20-day EMA. The stock has rallied 6.6 percent to Rs 1,429 with above average volumes.
Jubilant Pharmova has seen Bullish Engulfing kind of pattern on the daily charts, rising 6 percent to Rs 458, the highest closing level since May 2, 2022 and recouped all its previous two-day losses.