Punj Lloyd Powers Up; Stock Breaks Out From Long Consolidation

Punj Lloyd ended 23 weeks of sideways movement, as it broke out of a first-stage consolidation base pattern in today’s session. The stock jumped more than 13% on more than thirteen times the average volume today. The stock is currently trading at 7% above from its pivot price of INR 25.90.

PunjLlyod_MarketSmithIndia

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