NSLNISP

stock price breakout

Breakout from 4-month consolidation After forming a downtrend by stock price of

has formed sideways chart pattern and the stock price has been ranging between the important support and resistance levels of 33 and 38, respectively approximately for the last 4 months On 16th May 2025, the stock price has given its closing above the important resistance level of 38 and also the stock price closes above the 100 moving average Now, the further rise in stock price may be seen It should be noted that the level of 38 will now act as an important support level Support and assistance are interchangeable once broken till the stock price is trading above the level of 38, we will be bullish on it and the stock price may move towards the level of 42 RSI is at 64