Sensex, Nifty, Share Prices LIVE: The short-term outlook for Sundram Fasteners is bullish. The 4 per cent rise on Tuesday indicates that the upmove is gaining momentum. The stock seems to have formed a strong base above ₹1,000. The region between ₹1,000 and ₹990 is a very strong support zone.
Intermediate dips are likely to find fresh buyers around the psychological ₹1,000 mark. Moving average crossover on the daily chart also strengthens the bullish case. Sundram Fasteners share price can rise to ₹1,150 in the coming weeks.
