The stock also witnessed a triangular consolidation pattern of 27 trading sessions and has been trading above its 20-DMA. Moreover, the 20-DMA is on a rising trajectory. The daily 14-period RSI is seen rebounding after forming a base at the nine-period average thereby, supporting the positive bias.

The IPO market that was buzzing & rollicking in the calendar year 2021, is also feeling the pinch as the central banks across the globe are aggressively tightening their monetary policy.

What’s more fascinating is the fact that all its stocks have delivered positive returns.

Last year, nothing could have been worse than the leading countries facing a power crunch. The extent of this power crisis was so grave that it forced China to implement rolling blackouts for energy-intensive industries.  

Over time, the leader of this small market becomes large in size as it achieves economies of scale. Will put off any competition from entering the market.

A 100-bagger is simply a stock that jumps from Re 1 to Rs 100. These are rare gems and many well-known investors have turned wealthy because some of the stocks in their portfolios have become a 100-bagger.

The bottom line is that whether the stock is enjoying a period of luck just like Bumrah or something is really turning around for the company

Management pedigree matters a lot when investors make an investment decision. It also becomes significant in a bear market condition because businesses managed by managers of reasonable integrity would never entertain

Let’s check out the performance of Tata Group in five years. For the current year, we have just considered the YTD performance.   

The stock of Mahindra & Mahindra Financial Services Ltd jumped over 10 per cent in the last week. With this strong upmove, the stock has broken out of a nine-week consolidation and 33-week cup & handles-like pattern with a massive volume last week.