Trend Analysis – The stock is in a sustained uptrend, forming higher highs and higher lows on the daily and weekly charts. The breakout above key resistance at ₹2,750 suggests further upside.
Moving Averages – The 50-day and 200-day EMAs are aligned in a bullish crossover, reinforcing a long-term uptrend. The stock is comfortably trading above these moving averages, confirming strong buying interest.
RSI & MACD – The Relative Strength Index (RSI) remains above 60, indicating bullish momentum without being overbought. The MACD has given a fresh buy signal, crossing above the signal line with increasing histogram bars.
Volume & Breakout Confirmation – A recent high-volume breakout above ₹2,750 validates strength, suggesting institutional accumulation. Sustaining above this level will confirm a further rally.
Moving Averages – The 50-day and 200-day EMAs are aligned in a bullish crossover, reinforcing a long-term uptrend. The stock is comfortably trading above these moving averages, confirming strong buying interest.
RSI & MACD – The Relative Strength Index (RSI) remains above 60, indicating bullish momentum without being overbought. The MACD has given a fresh buy signal, crossing above the signal line with increasing histogram bars.
Volume & Breakout Confirmation – A recent high-volume breakout above ₹2,750 validates strength, suggesting institutional accumulation. Sustaining above this level will confirm a further rally.
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.