Chart Of The Week – Monnet Ispat Hits Upper Circuit in All Five Sessions

Monnet Ispat & Energy hit upper circuit for the ninth straight session. The stock advanced 27% during the week and has been on a powerful run after JSW Steel acquired 88% stake in the Company. It reclaimed its 40-week moving average and closed above it for the first time since January 5, 2018.

Monnet Ispat & Energy_MarketSmithIndia