The series of 1-2 1-2 is good sign of a stock to give the multifold returns. Our stock JIO FIN SERVICES LTD is also making a series of 1-2 1-2 on daily chart and 4hourly chart. If you have the stock in your portfolio it is to keep it for multifold returns.
I am not aware of any news on the stock but feeling it will go up even in this tense situation.