Broke 1-Year Channel Strong Uptrend Ahead With Solid Support

29 Haz

✅ The stock broke out of an upward channel after almost a year, signaling a strong upward move.

✅ Strong support around 2620 levels with the 100 EMA and trend support. The breakout suggests a potential move towards 3500+ levels.

✅ RSI is at 66 showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals.

✅Volume increase confirms strong buying interest and bullish sentiment, supporting the breakout scenario.

✅A leading player in the real estate sector, the company has a strong presence in the Indian market. Continuous expansion and innovation provide a competitive edge.