✅ The stock has been trading within an ascending channel, and it recently broke above the upper trendline around ₹1,659, indicating a potential continuation of the bullish trend.
✅ The 50 EMA has acted as dynamic support throughout the channel, consistently providing a base for the stock's upward movement. The price recently bounced from this level, confirming the strength of the trend.
✅ Volume has increased significantly during the recent breakout, confirming that buyers are stepping in and providing support to the move higher.
✅ The RSI is currently at 67 reflecting strong bullish momentum. If the RSI continues to climb into the overbought zone, it would confirm the breakout and support further gains.
✅ The 50 EMA has acted as dynamic support throughout the channel, consistently providing a base for the stock's upward movement. The price recently bounced from this level, confirming the strength of the trend.
✅ Volume has increased significantly during the recent breakout, confirming that buyers are stepping in and providing support to the move higher.
✅ The RSI is currently at 67 reflecting strong bullish momentum. If the RSI continues to climb into the overbought zone, it would confirm the breakout and support further gains.
Giao dịch đang hoạt động
Moving well
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.