IKIO Lighting Ltd has given a strong breakout above the trendline resistance with a sharp move of +27.2% from recent lows. 🔥
Price has broken the downward trendline, signaling a potential reversal.
High volume on the breakout confirms strong buying interest. 📈
A successful retest of the trendline could provide a good buying opportunity.
If the momentum continues, price may rally towards ₹300+ in the coming sessions.
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Price has broken the downward trendline, signaling a potential reversal.
High volume on the breakout confirms strong buying interest. 📈
A successful retest of the trendline could provide a good buying opportunity.
If the momentum continues, price may rally towards ₹300+ in the coming sessions.
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
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.
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.