✅The stock has been in a strong uptrend, making higher highs and higher lows. Recently, the price action formed a consolidation pattern with a symmetrical triangle, indicating a potential continuation of the uptrend.
✅ Immediate support around ₹400, which was a recent consolidation level. Stronger support near ₹360, which aligns with the lower trendline and past price action.
✅ There is a noticeable increase in volume accompanying the breakout above the symmetrical triangle, indicating strong buying interest and supporting the bullish breakout.
✅ RSI is trending upwards, indicating increasing bullish momentum without being overbought. The MACD line is above the signal line, suggesting a bullish trend continuation.
✅ Immediate support around ₹400, which was a recent consolidation level. Stronger support near ₹360, which aligns with the lower trendline and past price action.
✅ There is a noticeable increase in volume accompanying the breakout above the symmetrical triangle, indicating strong buying interest and supporting the bullish breakout.
✅ RSI is trending upwards, indicating increasing bullish momentum without being overbought. The MACD line is above the signal line, suggesting a bullish trend continuation.
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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
Telegram- telegram.me/marketiik
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不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。