Strong Uptrend Continuation Post Breakout:- High Momentum Stock

✅The stock has been in a strong uptrend, making higher highs and higher lows. Recently, the price action formed a consolidation pattern with a symmetrical triangle, indicating a potential continuation of the uptrend.

✅ Immediate support around ₹400, which was a recent consolidation level. Stronger support near ₹360, which aligns with the lower trendline and past price action.

✅ There is a noticeable increase in volume accompanying the breakout above the symmetrical triangle, indicating strong buying interest and supporting the bullish breakout.

✅ RSI is trending upwards, indicating increasing bullish momentum without being overbought. The MACD line is above the signal line, suggesting a bullish trend continuation.

Zlecenie aktywne:

after breakout moved 15% non stop