🚀 Kross Ltd – Daily Chart Analysis

🔹 Price Action Strong upmove today, stock closed at ₹189.11 (+10.58%). Price is attempting a breakout of the downward resistance trendline (red line). Currently trading between ₹177.10 support and ₹199.93 resistance. 🔹 Indicators & Divergence RSI: Showing a bullish divergence, RSI bounced strongly from oversold zone and is now at 65.29, suggesting improving momentum. Volume: A sharp volume spike (highlighted) supports the breakout attempt, indicating institutional buying interest. 🔹 Key Levels Support: ₹177.10 (must hold for bullish structure to continue) Immediate Resistance: ₹199.93 (trendline + horizontal resistance) Breakout Level to Watch: ₹200 → closing above this level can open upside towards ₹215–225. 🔹 Outlook Positive bias as long as ₹177 holds. Watch for a decisive close above ₹200 → confirms breakout and trend reversal. Failure at resistance could lead to consolidation in ₹177–200 range. ✅ Trading View: Bias: Bullish with caution at resistance Breakout Confirmation: Above ₹200 Supports: ₹177.10 Next Targets: ₹215 – ₹225 📢 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. 🧑‍💼 Rajneesh Sharma is a SEBI-registered Research Analyst (Reg. No. INH000020332). 📄 Investments are subject to market risks. Read all related documents carefully before investing.