RUDRABHISHEK is breaking out! The stock has surged past the resistance level at 274.65 with strong volume, signaling a potential for a major upward move. This breakout comes after a period of consolidation, suggesting a build-up of buying pressure.
Target:
366.80
Possible Scenario:
Bullish: The strong breakout suggests a potential for a sustained uptrend, with the target price as a possible objective. Bearish: A failure to hold above the breakout level could lead to a pullback. However, the strength of the current move suggests that dips may be buying opportunities. Disclaimer: This is not financial advice. Please do your own research before investing in any stock.
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.