Massive Breakout Ahead 8-Year Strong Support Holds Firm
-The stock is showing signs of breaking out after holding an 8-year strong support, indicating a strong upward move.
-Strong support around 100 levels due to the long-term trendline. The breakout above the resistance around 210 showing a potential move towards 300+ levels.
-RSI is at 65nshowing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals.
-The volume increase confirms strong buying interest and bullish sentiment, backing up the breakout scenario.
-The company has shown steady revenue growth and strong profit margins. It has a solid balance sheet with manageable debt levels, ensuring financial stability.
-A leading player in the gold loan sector, the company has a strong presence in the Indian financial market. Its diverse portfolio and strategic initiatives provide a competitive edge.
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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.
Join our community in telegram for real time updates --- telegram.me/marketiik
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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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.