CHART SPEAKS -

POONAWALLA

Analysis Breakout: The stock has broken above a horizontal trendline on the daily chart, confirmed by strong trading volume. Bullish Signal: A significant bullish candle formed on the breakout day, indicating robust momentum. RSI Support: The daily RSI has bounced back from the 60 level, signaling bullish potential per RSI range shift rules. Recommendation: Accumulate shares in the Rs 422-418 range, with a stop-loss at Rs 400. Target: The stock is projected to test Rs 460 in the short term. Disclaimer- As a SEBI registered Research Analyst with NISM certification, I want to emphasize that these credentials do not guarantee success in any trade. Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice. Please conduct your own research and consult a financial advisor before making any investment decisions. We will not be liable for any losses incurred from using this information.