IONEXCHANGE | Trendline Breakout with Bullish Momentum

📄 Description:

Stock: IONEXCHANG
Timeframe: 1D (Daily Chart)
By: | FinSight Research

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📈 Technical Analysis:

ION Exchange (India) has broken out of a long-term falling trendline on the daily chart, indicating a strong trend reversal. After months of lower lows, the price has finally reversed with strong upward price action and volume support, confirming the strength of the breakout.

The structure has now shifted to a bullish market structure where the stock is forming higher highs and higher lows. Additionally, the RSI is trending upward, further supporting the bullish sentiment without being in the overbought zone yet.

✅ Highlights:
• ✅ Clean breakout from falling trendline
• ✅ Volume expansion during breakout
• ✅ RSI crossing 60+ and staying strong
• ✅ Bullish price structure forming

📢 Disclaimer: This idea is for educational purposes only. Please do your own research and risk management before taking any trade.