$SUNTECK The stock closed at Rs.456.10 on 06th June, 2025. It made a 52-week low of Rs.347 on 07th April, 2025 and a 52-week high of Rs.699 on 16th July 2024. The 200 days Exponential Moving Average (DEMA) of the stock on the daily chart is currently at Rs 451. The stock has demonstrated a steady recovery since hitting its 52-week low of 347, establishing a bullish higher-low formation on the daily chart. The recent price action has been particularly noteworthy, with the stock decisively breaking above both its 200-day exponential moving average and the key resistance level of an ascending triangle pattern. This breakout was accompanied by strengthening momentum indicators, as positive divergences in secondary oscillators corroborate the bullish price action. The convergence of these technical factors suggests the emergence of a new uptrend, with scope for further upside in coming sessions. Therefore, one can accumulate a stock in range of 450-455 for the expected upside of 520-525 levels with S/L below 410 levels.

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