✅ The stock has been trading within an ascending channel, and it recently broke above the upper trendline around ₹1,659, indicating a potential continuation of the bullish trend.
✅ The 50 EMA has acted as dynamic support throughout the channel, consistently providing a base for the stock's upward movement. The price recently bounced from this level, confirming the strength of the trend.
✅ Volume has increased significantly during the recent breakout, confirming that buyers are stepping in and providing support to the move higher.
✅ The RSI is currently at 67 reflecting strong bullish momentum. If the RSI continues to climb into the overbought zone, it would confirm the breakout and support further gains.
✅ The 50 EMA has acted as dynamic support throughout the channel, consistently providing a base for the stock's upward movement. The price recently bounced from this level, confirming the strength of the trend.
✅ Volume has increased significantly during the recent breakout, confirming that buyers are stepping in and providing support to the move higher.
✅ The RSI is currently at 67 reflecting strong bullish momentum. If the RSI continues to climb into the overbought zone, it would confirm the breakout and support further gains.
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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。