The stock has staged a breakout above the 30-week SMA, accompanied by a strong volume surge, indicating renewed bullish interest. Price closed near ₹166.80, reclaiming levels last seen during prior consolidation. Overhead resistance is noted near ₹185, which has previously acted as a supply zone. The downward sloping trendline has been decisively breached, breaking a multi-month corrective structure. 📈 Momentum & Trend Insights The RSI has broken out of a bullish divergence pattern, currently printing near 62, showing strength above the midline. This RSI breakout aligns with the price breakout, validating a shift in momentum. The rise is supported by volume, suggesting institutional or broad-based participation. 🧩 Interpretation With both price and RSI breaking key resistances and volume confirming the move, the technical structure leans bullish. A follow-through above ₹185 could signal the beginning of a broader trend reversal. 📢 Disclaimer: For educational and technical analysis purposes only; not investment advice. 👤 Rajneesh Sharma – SEBI Registered Research Analyst (INH000020332)

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