Business News›News›ET TV›This renewable energy stock gave a breakout from falling trendline resistance; time to buy?
This renewable energy stock gave a breakout from falling trendline resistance; time to buy?
"Sterling and Wilson Renewable Energy stock price has been trading in a consolidation zone for the past 1 year, but recently, we witnessed a strong breakout above its trendline supported with strong volumes. Traders can buy for a target of Rs 420 in the next 4-5 weeks," Jay Patel, Research Head at Investmentor Securities Limited, said.
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