Chart Check: Down nearly 20% from highs! This heavy electrical equipment maker has given Double Bottom breakout; time to buy?

Chart Check: Down nearly 20% from highs! This heavy electrical equipment maker has given Double Bottom breakout; time to buy?
By , ETMarkets.com
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Synopsis

The heavy electrical equipment stock hit a 52-week high of Rs 550 recorded on 26 October 2021, but it failed to hold on to the momentum. The stock closed at Rs 447 on 13 July 2022.

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