Stock Radar: Container Corp hits fresh record high in June; time to buy the dip?

The logistics stock, after hitting a record high of Rs 1,193 on June 4, experienced a temporary setback. However, it quickly found support at its 200-day exponential moving average, triggering a strong rebound. The stock reclaimed its 50-day moving average and surged over 14% in a week, climbing from Rs 993 on June 5 to Rs 1,141 on June 12.