Chart of The Week – Ethanol Price Hike Brings Cheers for DCM Shriram

DCM Shriram rallied 19% on the back of solid accumulation in the week gone by. The stock found favour with investors after the Indian government approved a 25% increase in ethanol price. The stock has a strong technical profile with Price Strength Rating of 85, Up/Down Volume Ratio of 3.3, and Buyer Demand Rating of A+.

DCM Shriram_MarketSmith India

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