Technical Highlights:
- Breakout Alert: Price has broken above the descending trendline that held for ~9 months.
- Volume Confirmation: Breakout is supported by a noticeable spike in volume (~1.35M).
- RSI (14): Currently at 68.37
- Price Action: Bullish candle close above resistance zone near ₹480-485.
- Momentum: RSI has been making higher lows since March, aligning with price strength.
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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.