๐ Cup + Handle, then Boom
That rounded base? Classic cup & handle. Price chewed through resistance near โน153.
Handle breakout? Straight rocket.
๐ Parabolic Momentum
Sharp vertical run with volume > 2x average. This isnโt retail alone โ looks like strong hands stepped in.
โ ๏ธ RSI Alert: 88+!
Momentum is fire, but RSI is now deep in overbought territory.
A pause or shakeout wouldnโt surprise.
๐ Short-Term View
โ Trend: Bullish
๐ Trailing support: โน153
๐ Watch for: High-volume pullback to base = opportunity
๐ก โMomentum names donโt die quietly โ but fresh entries need care now.โ
๐ข Disclaimer: This is for informational purposes only. Nothing herein constitutes a buy or sell recommendation. I may or may not be holding a position in the stock mentioned.
๐งโ๐ผ Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332).
๐ Investments are subject to market risks. Read all related documents carefully before investing.