We're observing a potential round bottom pattern forming on the daily chart of Saregama India Ltd. This pattern often signifies a shift in trend momentum, potentially indicating a bullish breakout on the horizon. As we approach the neckline, a breakout above this level could pave the way for further upside. 📈
With Muhurat Trading around the corner, this could be a good opportunity to keep on the watchlist. A strong breakout confirmation above resistance may offer an ideal entry point.
Levels to Watch:
Breakout Zone: Around 680
Current Price: 533.30