Broke 1-Year Channel Strong Uptrend Ahead With Solid Support
✅ The stock broke out of an upward channel after almost a year, signaling a strong upward move.
✅ Strong support around 2620 levels with the 100 EMA and trend support. The breakout suggests a potential move towards 3500+ levels.
✅ RSI is at 66 showing strong bullish momentum. MACD histogram is positive, supporting the breakout with bullish signals.
✅Volume increase confirms strong buying interest and bullish sentiment, supporting the breakout scenario.
✅A leading player in the real estate sector, the company has a strong presence in the Indian market. Continuous expansion and innovation provide a competitive edge.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Join our community in telegram for real time updates --- telegram.me/marketiik
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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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.