- The price is approaching the upper resistance level at ₹176 - A breakout above this level with strong volume can signal further upside potential.
- Support is established along the ascending trendline, currently around ₹142. - Volume has been consistent with no significant spikes yet, indicating a potential for volume increase upon breakout. - The RSI is around 57.63, showing bullish momentum but not yet overbought, indicating room for further upward movement. - Watch for a breakout above ₹176 with increased volume to confirm the next bullish move. - In case of a breakout, the stock could target ₹176 and higher. - Traders might consider entering on the breakout or on a retest of the ₹130 level, with stops below the ascending trendline.