Breakout from Symmetrical Triangle with 100 EMA Support

29 sie

✅ The stock is trading within a symmetrical triangle pattern, indicating a potential breakout. It has recently crossed above the 100 EMA, which acted as dynamic support, strengthening the bullish sentiment.

✅ The RSI is trending upwards and is currently around the 63 mark, suggesting increasing bullish momentum. The recent surge in volume further supports the possibility of a breakout.

✅ A successful breakout above the upper trendline, combined with sustained volume, could push the stock towards higher levels, potentially targeting ₹1,900. Traders should monitor for a close above the trendline to confirm the breakout.

18 wrz

Zlecenie aktywne

1755 to 1920