Pace Digitek share price jumps 11% | What's driving the stock?
New Delhi, Oct. 1 -- Pace Digitek share price jumped over 11% on Thursday, 1 October, despite the stock market remaining largely flat.
The stock has gained 1.80% over the past week, 10.75% in two weeks and 2.22% over the past month. However, it has remained down 18.50% over the past three months.
Rajesh Bhosale, Technical Analyst at My Advisor Alpha, said Pace Digitek witnessed a gap-up opening and an extended move during the initial trading session. However, the stock cooled off from its intraday high of around Rs.178.
Bhosale noted that the Rs.178 level coincides with the 200-day SMA, making it a key hurdle for the stock. A sustained break above Rs.178 could trigger the next leg of the upmove, with Rs.200 emerging as the next key res...
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