Rolex Rings Strong Breakout Above Key Resistance: Keep In Radar
Rolex Rings has given a strong breakout above the key resistance level of 2650, supported by high volumes, indicating significant buying interest. The stock has been trading above its 100 EMA and maintaining a steady uptrend. With RSI trending positively and volume spikes confirming the breakout, further upside towards ₹2,800-3,000 seems likely in the short term. Traders should look for continued momentum and watch for retests near the ₹2,650 level as potential entry points.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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