After 3 Red Days, Waaree Energies Sparks a Sharp Rally!

shares surged over 12% in the last trading session of the week, rebounding strongly after three consecutive negative closes. The stock touched an intra-day high of ₹3025, marking its highest level for June 2025. Technically, it is trading above its 50, 100, and 150-day simple moving averages (SMA), indicating bullish momentum. Going forward, ₹3116 is expected to act as a key resistance level, while ₹2530 may provide strong support in the near term. The recent price action suggests renewed investor interest and potential for short-term upside, provided the broader market remains stable. 📌 Disclaimer: This post is for informational purposes only and should not be considered as investment advice or a recommendation. Investing in the securities market is subject to market risks. Please do your own research or consult a certified financial advisor before making any investment decisions.