Stop-loss: Rs 570
Target: Rs 665
The stock is in a clear uptrend, consistently forming higher highs and higher lows. After a brief consolidation phase, it has delivered a fresh breakout supported by strong volume, indicating renewed buying interest. The bullish setup is further confirmed as the price is trading above all major EMAs of 20, 50, 100, and 200, reflecting strength across short- and long-term time frames. The RSI is positioned at 67.88, well above its 14-day average of 56.84, suggesting healthy momentum and continuation of the upward trend.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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