The stock has decisively broken above the multi-year downtrend resistance line near 700, indicating a strong bullish reversal. This breakout is backed by substantial volume, signaling significant buying interest. RSI is at 61, showing strengthening momentum with room for further upside. The next target zones lie around 800-850, provided the breakout sustains. The strong base at 500 has acted as a springboard for this rally. Continued price action above ₹700 with rising volumes will confirm the bullish trend. This marks a key turning point for the stock.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Join our community in telegram for real time updates --- telegram.me/marketiik
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.