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Rajneesh Sharma CFTe

7th Jul 2025 Β· SEBI-Registered Analyst

πŸ“ˆ Route Mobile – Early Signs of Accumulation?

ROUTE
πŸ” Key Observations Trendline Resistance: Price is testing the long-term falling trendline. Support Zone: Strong historical base around β‚Ή950–₹1000 (highlighted zone). Volume Spike: Notable volume uptick, indicating potential early buying interest. πŸ”„ Strengthening Indicators RSI Positive Divergence: Price made lower lows while RSI made higher lows – an early bullish signal. OBV Pickup: On-Balance Volume (OBV) is showing higher lows, suggesting accumulation. ⚑What’s Next? Watch for Breakout: Sustained move above β‚Ή1,050–₹1,080 could confirm reversal. Resistance Ahead: β‚Ή1,162–₹1,200 remains a critical supply zone. Support Levels: β‚Ή950 remains key near-term support. πŸ“’ Disclaimer: This is for informational purposes only. Not a buy/sell recommendation. Positions may or may not be held. πŸ§‘β€πŸ’Ό Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332). πŸ“„ Investments are subject to market risks. Read all related documents carefully. πŸ”— Investor Charter & SCORES complaint link available in bio.

#TechnicalViews#WatchOutFor#SectorBreakouts
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