SMC GLOBAL – BULLISH MOMENTUM WITH 10–15% UPSIDE POTENTIAL

SMC Global Securities is showing a strong uptrend on the daily chart, supported by a sharp price recovery and increased trading activity. The stock is trading above its key support zone of ₹105, which remains an important level to watch. As per my technical analysis, the current chart structure looks positive for further upside in the short term. If the bullish momentum sustains and the stock continues to form higher price levels, **an upside potential of 10–15% could be on the cards.** 🔹 Key Support: ₹105 🔹 Trend: Bullish 🔹 Short-Term Upside Potential: 10–15% 🔹 Outlook: Positive, subject to sustained momentum and buying interest. The key factor to monitor is whether the stock can sustain its breakout momentum without losing the ₹105 support zone. Traders should watch price action and volume confirmation before making any decision. Disclaimer: This opinion is based on technical analysis and is not a guaranteed return. Actual price movement may differ, and traders should assess their risk tolerance before taking a position.