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In terms of price action, the stock is trading below the 5-DMA but above 10,20,30,50,100, and 200-DMA on the daily charts, which is a positive sign for the bulls.
Gold and silver futures ended with gains in the previous session. While gold was up 0.62%, silver futures gained 0.40%. On the Comex, Gold futures were trading at $1,956 per troy ounce, down $4.40 or 0.22% while Silver futures were trading at $24.455, down $0.040 or 0.160%.
The stock also gave a breakout from an ascending triangle pattern on the weekly charts. The neckline of the ascending triangle pattern was placed above Rs 4,200 levels which happened in June 2023 and since then the stock has been trading above this level.