✅ The stock has been consolidating under a descending trendline + created Flag & pole pattern after a strong uptrend in late 2023. The price is now attempting to break above this trendline, which could signal the resumption of the uptrend.
✅ The RSI is currently around the 60 mark, indicating building bullish momentum. Although volume is moderate, the price action suggests buyers are gaining control.
✅ A successful breakout above the trendline, confirmed by a close above ₹180, could propel the stock towards higher levels, potentially targeting ₹200. Traders should watch for continued strength and increased volume to confirm the breakout.
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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.
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
