Suryoday stock has developed an attractive CWH pattern, with a notable VCP during handle formation, suggesting potential institutional investment due to increased volume.
Furthermore, all EMAs (Exponential Moving Averages) - 10, 21, and 50 - are on an upward trajectory, signaling bullish sentiment. The stock's relative strength is also positive, evident from its movement compared to the Nifty 50 over 55 days.
A 50% potential target could materialize over the next year, particularly with anticipated interest rate cuts influencing market dynamics.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.