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.
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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
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.
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