Timeframe: Weekly | Chart Scale: Logarithmic
Constructive +3.22% weekly surge backed by a huge 21.11M volume spike! 🔥
Technical Highlights:
✅ Breakout: Cleared & closed above BOTH an angular (May '25) AND horizontal (Oct '25) resistance!
✅ Price Action: Weekly hammer candle + forming Higher Lows = Extremely Bullish!
✅ Volume: Surging volume confirms heavy buyer accumulation.
✅ Momentum: Short-term EMAs in positive crossover (Daily/Weekly). MACD & RSI rising. 🚀
Key Levels to Watch:
🎯 Target: 1375
🛡️ Support / Pullback: 1200 (Previous resistance turned support)
Keep a close eye on price action over the coming days to see if the stock can sustain this high-volume trajectory! 📈
Are you tracking setups across the IT midcap basket? Share your perspective below! 👇
Constructive +3.22% weekly surge backed by a huge 21.11M volume spike! 🔥
Technical Highlights:
✅ Breakout: Cleared & closed above BOTH an angular (May '25) AND horizontal (Oct '25) resistance!
✅ Price Action: Weekly hammer candle + forming Higher Lows = Extremely Bullish!
✅ Volume: Surging volume confirms heavy buyer accumulation.
✅ Momentum: Short-term EMAs in positive crossover (Daily/Weekly). MACD & RSI rising. 🚀
Key Levels to Watch:
🎯 Target: 1375
🛡️ Support / Pullback: 1200 (Previous resistance turned support)
Keep a close eye on price action over the coming days to see if the stock can sustain this high-volume trajectory! 📈
Are you tracking setups across the IT midcap basket? Share your perspective below! 👇
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.