✅The stock has been forming a large cup pattern over the past 2.6 years and has recently broken its all-time high (ATH), indicating a potential strong bullish continuation.
✅ Immediate support around ₹1,300, aligning with the upper boundary of the cup pattern. This strong support level provides a robust base for potential upward movement.
✅ Noticeable surge in volume with the breakout above the ATH, signaling strong buying interest and supporting the bullish outlook.
✅ RSI is currently at 68.05, trending upwards and indicating increasing bullish momentum without being overbought. The MACD histogram shows rising bullish momentum, with the MACD line crossing above the signal line, suggesting a buy signal.