Its price has given a breakout from a parallel falling channel, within which it was moving since September 2022. The latest candle has given a breakout of the upper trend line of the channel with a rise in volume. This increases the reliability of the breakout. The candle formed is a Marabozu which shows that the buying interest stayed intact till the close of the session.
Expert: Jyoti BudhiaIt is a leading player in the Business Process Management industry. It is a part of the RP-Sanjiv Goenka Group and provides bespoke services and solutions to its customers across Banking and Financial Services, Healthcare, Communications, Media and Technology, and other diverse industries. It serves more than a hundred global clients from 36 delivery centres across the US, the UK, the Philippines, and India.97634394First
ET CONTRIBUTORS
5 mins read
Feb 06, 2023, 09:18 AM IST
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