- Bullish Breakout Above Resistance: The stock has broken above a significant resistance level at ₹389.10, indicating a bullish trend.
- Range Trading Since July: The stock had been trading within a range from July, between ₹343.70 and ₹389.10, before the breakout.
- Strong Volume Support: The recent breakout is supported by good volume, adding strength to the bullish move.
- Positive RSI: The Relative Strength Index (RSI) is above 50, suggesting continued momentum in the upward direction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.