Top Trending stock: Signs of huge boom in this IT stock, jumped 12% today, don’t miss the opportunity – it stock Izmo rallied more than 12 percent
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The stock is trading in a consolidation range since September 2021 with a high of Rs 104 and a low of Rs 64. This consolidation range is also supported by the 200 DMA. The stock broke range last week and gained 25% during the same period with explosive volumes. It continued this momentum this week as well and grew by 12% with a volume of over 2 million which is above the last 100-day average.
Currently this stock is trading around Rs.117. The technical charts are showing signs of strength in this stock. The short-term moving average and the 14-period RSI (75) are also in the bullish zone on the daily chart. Small-cap investors and momentum traders should add this stock to their watchlist.
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