Technical analysis of Sanghvi movers

In the previous week we talked about Sanghvi movers and below is the update about the stock from chart patterns aspect.

1. There are was a down trend.
2. This down trend was halted by indecisive Doji.
3. On Friday it was confirmed by a hammer formation.
4. We expect this stock to rally to  70 in the coming 2 weeks.

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