Breakdown Stocks: How to trade IGL, Honasa Consumer and Nestle India that hit a 52-week low? – Market Summary

This stock had been consolidating for the past few days after a significant fall. In today’s session, it showed a good bounce-back.

Positive divergence is observed on the daily chart. If it sustains above 2220, which is a crucial resistance, it is expected to test 2300 and 2375, respectively.

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