NAHARINDUS | Flag and Pole | Breakout### **1. Trend & Price Movement**
- **Breakout Formation:** The **flag and pole** structure indicates a strong bullish continuation.
- **Current Price Surge:** **7.76% increase**, reflecting momentum buying.
- **Support Levels:** Short-term moving averages (**EMA-8, EMA-21**) are holding, reinforcing near-term support.
- **Resistance Zone:** Watch for prior swing highs as potential resistance points.
### **2. Volume & Market Participation**
- **RVOL:** **386.56%**, showing much higher-than-average participation.
- **Volume Change:** **648.74% increase**—significant institutional interest.
### **3. Moving Averages & Trend Strength**
- **Short-Term:** EMA-8 **(+5.97%)** confirms immediate upward bias.
- **Mid-Term:** EMA-21 & EMA-55 show trend consistency.
- **Long-Term:** EMA-144 **(+74.74%)** indicates macro bullish sentiment.
### **5. Fundamental Insights (Earnings & Growth)**
- **EPS Growth:** **248.70% YoY for March 2025**, indicating business improvement.
- **Sector Context:** If other industry players are rallying, this could confirm broader market optimism.
