🔹 Technical Setup:
A Broadening Wedge Descending Pattern has emerged on the monthly timeframe, signaling a potential major trend reversal after a prolonged consolidation.
The stock has tested and respected its strongest support zone (₹700–₹750) and is now attempting a breakout, indicating the early stage of a multi-year bullish cycle.
📈 Pattern: Broadening Wedge (Descending)
🧭 Strong Support: ₹700–₹750
🎯 Bullish Target Zone: ₹1,500+ (first breakout confirmation)
📊 Potential Upside: ~90% from support
⚡ Trigger: Breakout above ₹1,500 sustained with business growth momentum
🔹 Fundamental & Business Catalysts Supporting the Breakout:
1) Global Expansion Momentum – Integration with Kaleyra expands Route Mobile’s presence to 100+ countries and strengthens Tier-1 enterprise relationships.
2) Strong Backing from Proximus Group (Belgium) – Adds credibility, global scale, and capital depth for accelerated growth.
3) Technology Edge with Nokia Partnership – Co-developing secure, carrier-grade CPaaS solutions for operators and enterprises worldwide.
4) Enterprise Wins Boosting Recurring Revenue – Projects with IRCTC, L&T Metro, and Nagpur / Hyderabad / Pune Metros in smart ticketing and enterprise communication.
5) Google RCS Collaboration – Reinforces Route Mobile’s role in next-generation, AI-driven messaging ecosystems.
6) New Growth Engine – Konera Platform Launch 🚀
***Enables seamless API integration for fintechs, enterprises, and developers.
***Offers global communication coverage through a unified API layer.
***Aims to reach 92% of India’s population by year-end, fueling massive digital connectivity and CPaaS adoption.
A Broadening Wedge Descending Pattern has emerged on the monthly timeframe, signaling a potential major trend reversal after a prolonged consolidation.
The stock has tested and respected its strongest support zone (₹700–₹750) and is now attempting a breakout, indicating the early stage of a multi-year bullish cycle.
📈 Pattern: Broadening Wedge (Descending)
🧭 Strong Support: ₹700–₹750
🎯 Bullish Target Zone: ₹1,500+ (first breakout confirmation)
📊 Potential Upside: ~90% from support
⚡ Trigger: Breakout above ₹1,500 sustained with business growth momentum
🔹 Fundamental & Business Catalysts Supporting the Breakout:
1) Global Expansion Momentum – Integration with Kaleyra expands Route Mobile’s presence to 100+ countries and strengthens Tier-1 enterprise relationships.
2) Strong Backing from Proximus Group (Belgium) – Adds credibility, global scale, and capital depth for accelerated growth.
3) Technology Edge with Nokia Partnership – Co-developing secure, carrier-grade CPaaS solutions for operators and enterprises worldwide.
4) Enterprise Wins Boosting Recurring Revenue – Projects with IRCTC, L&T Metro, and Nagpur / Hyderabad / Pune Metros in smart ticketing and enterprise communication.
5) Google RCS Collaboration – Reinforces Route Mobile’s role in next-generation, AI-driven messaging ecosystems.
6) New Growth Engine – Konera Platform Launch 🚀
***Enables seamless API integration for fintechs, enterprises, and developers.
***Offers global communication coverage through a unified API layer.
***Aims to reach 92% of India’s population by year-end, fueling massive digital connectivity and CPaaS adoption.
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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.