Landmark (D) - 100%+ Rally from Lows Now Faces Key ResistanceLandmark Cars is at a critical juncture after a spectacular recovery from its all-time lows. A powerful surge today has brought the stock right up against a major resistance level, setting the stage for a potentially decisive breakout attempt.
The Context: A Dramatic Turnaround
After peaking at its All-Time High (ATH) in February 2024, the stock entered a significant downtrend, culminating in an all-time low in April 2025. From that bottom, however, the stock has staged an incredible reversal, surging over 100% to date. This powerful new uptrend has now brought the price to a key resistance trendline that has thwarted all previous rally attempts with "fake breakouts."
Today's Powerful Breakout Attempt
Today's session (Tuesday, October 14, 2025) demonstrated significant buying interest and a serious challenge to the overhead resistance:
- Gap-Up Opening: The stock opened with a gap-up, signaling strong overnight demand.
- Strong Price Gain: It surged to close with a gain of +10.62% .
- Huge Volume: The move was supported by a massive spike in volume, adding conviction to the rally.
This bullish action is underpinned by strong momentum indicators. The short-term Exponential Moving Averages (EMAs) are in a positive crossover state, and the Relative Strength Index (RSI) is rising across the Monthly, Weekly, and Daily timeframes.
Outlook and Key Levels to Watch
The immediate future hinges on whether this breakout attempt will succeed where others have failed.
- Bullish Breakout Scenario: A decisive close above the resistance trendline on sustained high volume would confirm a successful breakout. This would signal a continuation of the strong uptrend, with a potential next target of ₹800 .
- Potential Rejection Scenario: If the momentum is lost and the stock is once again rejected from this resistance, it could pull back to test its recent support level around ₹575 .
In conclusion, today's high-volume surge represents the most serious challenge to this key resistance yet. The price action in the coming days will be crucial in confirming whether the bulls have enough power to finally break through and continue the stock's impressive recovery.
