"Broadening Wedge Descending Pattern – Route Mobile" (Bullish)

🔹 Technical Setup:
A Broadening Wedge Descending Pattern has emerged on the monthly timeframe, signaling a potential major trend reversal after a prolonged consolidation.
The stock has tested and respected its strongest support zone (₹700–₹750) and is now attempting a breakout, indicating the early stage of a multi-year bullish cycle.

📈 Pattern: Broadening Wedge (Descending)

🧭 Strong Support: ₹700–₹750

🎯 Bullish Target Zone: ₹1,500+ (first breakout confirmation)

📊 Potential Upside: ~90% from support

⚡ Trigger: Breakout above ₹1,500 sustained with business growth momentum

🔹 Fundamental & Business Catalysts Supporting the Breakout:

1) Global Expansion Momentum – Integration with Kaleyra expands Route Mobile’s presence to 100+ countries and strengthens Tier-1 enterprise relationships.

2) Strong Backing from Proximus Group (Belgium) – Adds credibility, global scale, and capital depth for accelerated growth.

3) Technology Edge with Nokia Partnership – Co-developing secure, carrier-grade CPaaS solutions for operators and enterprises worldwide.

4) Enterprise Wins Boosting Recurring Revenue – Projects with IRCTC, L&T Metro, and Nagpur / Hyderabad / Pune Metros in smart ticketing and enterprise communication.

5) Google RCS Collaboration – Reinforces Route Mobile’s role in next-generation, AI-driven messaging ecosystems.

6) New Growth Engine – Konera Platform Launch 🚀
***Enables seamless API integration for fintechs, enterprises, and developers.
***Offers global communication coverage through a unified API layer.
***Aims to reach 92% of India’s population by year-end, fueling massive digital connectivity and CPaaS adoption.