 "Q1 results, Q1 earnings")
Shares of ICICI Bank hits a new historic peak on Monday, while Reliance Industries and Vedanta opened in gap-down following disappointing Q1 results.
Infosys shares, which released its Q1 results in the last week; also witnessed disappointing opening on Friday. The 200-day moving average (DMA), a significant indicator for investors was breached, and stock failed to display any robust reversal.
Here is the technical outlook of stocks posting Q1 results in the previous week:-
