Approaching Symmetrical Triangle Breakout – Bullish Setup

2024년 5월 31일

The stock is forming a symmetrical triangle, nearing the apex, which suggests a potential breakout.

The RSI is at 57.40, indicating positive momentum and a potential for further upside.

The MACD shows a bullish crossover, with the histogram turning positive, suggesting increasing bullish momentum.

Volume has been increasing, adding confirmation to the potential breakout scenario.

Immediate resistance is around ₹760, with support at the lower trendline around ₹620.

A breakout above ₹760 with strong volume could lead to a significant bullish move. Watch for confirmation of the breakout for potential entry points.

2024년 6월 26일

노트

Excellent momentum