Chart Check: This midcap offers attractive risk-reward post 40% fall from highs; contra buy?

Chart Check: This midcap offers attractive risk-reward post 40% fall from highs; contra buy?

, part of the IT Services industry, has fallen by about 40% from its February 2022 high but recent consolidation at lower levels suggests buying demand near support. High risk traders can look to buy the stock for a long term target above Rs 200 in the next 5-6 quarters, suggest experts. The stock hit … Read more

Chart Check: Down 50% from highs, this IT service firm is showing signs of revival

Chart Check: Down 50% from highs, this IT service firm is showing signs of revival

Firstsource Solutions, part of the IT services industry, is down by over 50 per cent from its July 2021 highs but recent price action suggests that bulls are trying to take control, suggest experts. The stock hit a 52-week high of Rs 228.90 on 23 July 2021, but it failed to hold on to the … Read more