Marketik

Rane Holdings Breaks Multiyear Resistance with Strong Volume

Long
Marketik Updated   
NSE:RANEHOLDIN   RANE HOLDINGS LTD
✅ Rane Holdings has broken out of a 1.9-year resistance level at INR 1,600 with a surge in volume, indicating strong bullish momentum. The RSI is in the overbought zone, suggesting a continuation of the upward trend towards INR 1,800.

✅ Recently, Harish Lakshman took over as chairman from L Ganesh, marking a leadership change that follows the group's significant revenue and export growth.
Trade active:

17% move in a single day

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