From 16th June 2025 to 18th June 2025 a stock price was consolidating between the range of 1605 and 1660
On 19th June, the Candlestick formed with a huge shadow and a small real body
Today, the stock price has crossed the important resistance level of 1660
The current market price 1734.5 rose 4.85% today
now, the further rise in stock price may be seen, and it may move towards the level of 1800
Currently, the RSI is at 67 .5
The stock belongs to the defence sector, and good momentum is seen in the defence sector and
The stocks belonging to the defence actor are rising
The level of 1660 will now act as an important support level
As support and resistance levels are interchangeable once broken
The stock price is also trading above the 20 moving average