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Vineet Chawla

16th Sep · SEBI-Registered Analyst

close within 52-week high zone

VENTIVE
1. Uptrend Intact: Ventive Hospitality Ltd's close price of ₹773.35 is trading within its 52-week high zone of ₹840, indicating that the uptrend remains intact. 2. Consolidation Phase: The stock is currently in a consolidation phase, trading within a narrow range, which could be a sign of accumulation before the next leg up. 3. Upside Potential: With the stock trading within its 52-week high zone, there is potential for upside movement towards the zone's upper end or even a breakout above ₹840. 4. Support Zone: The zone between ₹750-₹780 is likely to act as a strong support zone, providing a cushion in case of any decline, and potentially pushing the stock price higher. Disclaimer: Investing and Trading in Stock Market is risky activity. Always trade with a stop loss. Do not Trade's invest by taking loan and trade only with the money that you can afford to risk. Do not put your entire capital in one single Trade.

#TechnicalViews#WatchOutFor
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