Subros has demonstrated exceptional strength, surging to a new All-Time High (ATH) today with a significant +10.45% gain. This powerful move was supported by a massive spike in trading volume, suggesting the potential end of the sideways consolidation phase that has been in place since June 2025.
Comprehensive Bullish Confirmation 👍
The breakout is validated by a strong alignment of bullish signals across all major timeframes:
- Multi-Timeframe Momentum: The Relative Strength Index (RSI) is indicating a bullish state on the monthly, weekly, and daily charts, showcasing broad-based strength.
- Short-Term Confirmation: The short-term Exponential Moving Averages (EMAs) are in a strong bullish crossover, confirming the immediate upward momentum.
- Volume Thrust: The breakout was accompanied by an exceptionally high volume spike, indicating strong conviction from buyers.
Outlook and Key Levels
Following a significant breakout, a retest of the previous resistance trendline as new support would provide strong confirmation of a continued uptrend.
- Bullish Case 📈: If the upward momentum is sustained, the next potential price target on the upside is ₹1,347.
- Bearish Case 📉: Conversely, if the breakout fails to hold and momentum is lost, the stock could pull back to find support near the ₹916 level.
Comprehensive Bullish Confirmation 👍
The breakout is validated by a strong alignment of bullish signals across all major timeframes:
- Multi-Timeframe Momentum: The Relative Strength Index (RSI) is indicating a bullish state on the monthly, weekly, and daily charts, showcasing broad-based strength.
- Short-Term Confirmation: The short-term Exponential Moving Averages (EMAs) are in a strong bullish crossover, confirming the immediate upward momentum.
- Volume Thrust: The breakout was accompanied by an exceptionally high volume spike, indicating strong conviction from buyers.
Outlook and Key Levels
Following a significant breakout, a retest of the previous resistance trendline as new support would provide strong confirmation of a continued uptrend.
- Bullish Case 📈: If the upward momentum is sustained, the next potential price target on the upside is ₹1,347.
- Bearish Case 📉: Conversely, if the breakout fails to hold and momentum is lost, the stock could pull back to find support near the ₹916 level.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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.