Chart Of The Day – TeamLease Beats Market Heat

TeamLease Services followed up yesterday’s 9.6% gain with a ~10% rally today. The stock witnessed heavy buying interest as today’s volume was almost four times the 50-day average volume. With today’s gain, the stock broke out of a 17-week long consolidation base pattern. It closed 6.7% above its pivot price of Rs 2,543.70.

TeamLease Services Limited_MarketSmithIndia