Yesterday’s price action note called this out as a breakout even on a weak market day, and today the stock pretty much confirmed that strength. Price has pushed higher again
On the chart, you can see:
• A clear breakout candle with expanding volume
• Follow-through buying today with no real dip
• RSI pushing higher but not yet at extreme levels
• Trend structure turning into a series of higher highs and higher lows since the November low
Im still watching ₹1370-80 as the next target. The trend looks strong but the broader market volatility is still high, so I’m keeping position sizing in check.
Anyone else tracking this move or riding the breakout?
check the chart below:
