The stock is forming a symmetrical triangle, approaching the apex, indicating a potential breakout soon.
The RSI is at 51.54, suggesting neutral momentum with potential for upward movement.
The MACD shows a bullish crossover, with the histogram indicating a positive shift in momentum.
A recent increase in volume supports the potential for a breakout.
Immediate resistance is around ₹560, while support is at the lower trendline around ₹480.
Watch for a breakout above ₹560 with increased volume for a potential bullish move. If the breakout occurs, the stock could target higher levels quickly.
The RSI is at 51.54, suggesting neutral momentum with potential for upward movement.
The MACD shows a bullish crossover, with the histogram indicating a positive shift in momentum.
A recent increase in volume supports the potential for a breakout.
Immediate resistance is around ₹560, while support is at the lower trendline around ₹480.
Watch for a breakout above ₹560 with increased volume for a potential bullish move. If the breakout occurs, the stock could target higher levels quickly.
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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.
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.
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.