eMudhra Breaks Long-Term Trendline Resistance

has broken out of its long-term falling trendline resistance, with price reclaiming the 565 support zone that now coincides with the breakout point, last trading near 592.85, up 20% in day hitting the upper freeze. The move is backed by a visible pickup in volumes, adding conviction to the trendline breakout after a prolonged downtrend that had been in place since early 2025. Resistance: the 654 level marked on the chart, then the 735-810 zone from the earlier downtrend. Support: 565, then 515-530. RSI at 62.55 is firmly in bullish territory, a level that has coincided with sustained moves in the past. Whether the stock can build on this trendline breakout toward the 654 resistance will depend on the 565 zone continuing to hold as support on any pullback. A trendline breakout carries more weight when it's accompanied by a volume pickup and RSI moving into bullish territory — together they suggest broader participation, not just a single move. Disclaimer:This is for educational purposes only and is not investment advice. Please consult your financial advisor before making any investment decisions. SEBI Registered Research Analyst — INH000025212.