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Mayank Kumar

7th Aug 2025 · SEBI-Registered Analyst

TRANSRAILL
The daily chart of Transrail Lighting Ltd shows a strong bullish breakout, with the price surging by +12.60% on high momentum, closing at ₹794.65. The stock has decisively broken above previous resistance levels with a wide-range bullish candle, indicating strong buyer interest. It is currently trading well above both the 50 EMA (₹684.12) and 200 EMA (₹639.81), confirming an ongoing uptrend. The RSI (63.37) has sharply bounced from mid-levels and is heading toward the overbought zone, suggesting strengthening bullish momentum. If the stock sustains above ₹800, it may continue its upward trajectory; however, a pullback towards the 50 EMA could offer a healthy buying opportunity

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