Stock Market Live Updates August 22, 2024: Stock to buy today: Allcargo Logistics (₹67.21)

Sensex, Nifty, Share Prices LIVE: The stock of Allcargo Logistics has largely charted a sideways trend since April 2023. Barring a brief rally above ₹78 a couple of times in 2024, the scrip has traded within the ₹60 and ₹78 band. Since July, the share price has moved in a narrower range of ₹60-65. This week, it broke out of the resistance at ₹65 and confirmed a double-bottom pattern.