TITAGARH

Technical Analysis

Rail Systems Ltd recently broke out above a key resistance zone near ₹840–₹845 and is now attempting to sustain above it. After a prolonged downtrend, the stock has formed a base and is showing signs of a potential trend reversal. The current consolidation above the breakout level, supported by volume spikes, suggests accumulation. Sustaining above ₹875 could open the path toward ₹950–₹1,000, while a breakdown below ₹840 may invalidate the bullish setup. The bias remains positive as long as it holds above the ₹840 support zone.