PGHH is near a 14 year trend line.
PGHH has formed an upward trend line on a log chart. Price touched it 6 times and every time it bounced from it. Situation now is different. Currently it has been consolidating near 13800 for almost 2 years. Hence this time it did not bounce from the trend line. It shows some signs of weakness. This means it has a neutral opinion based on chart patterns. Hence it is an important time to study business fundamentally. Similarly DMART is at the same point technically.
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