DSIJ Mindshare

The stock is up over 11 per cent on Friday on back of huge spurt in the volumes. So far, total traded volume has surpassed its prior trading session volume and moreover, it is highest since September 2022.  

Talking about the technical view, the stock has witnessed breakout of the tight range with a massive volume and closed above the moving average ribbon and its key short-term moving averages.

Don’t miss out action on this textile stock in the coming week as the flag breakout indicates that the stock could remain in the limelight.

Amidst all this, there is one stock that has witnessed a breakout of cup & handle-like pattern. And what’s important is the fact that this stock belongs to the prestigious Tata Group! Moreover, the company has a good dividend track record and consistently declared dividends for the last five years.   

It is not a usual sight to see a backbencher topping the class but this actually took place on D-Street on Thursday. The backbencher sector is none other than Nifty PSU Bank