Our earlier breakout call above ₹4,660 has played out perfectly ✅. The stock is sustaining higher levels, showing strength despite a small intraday pullback. Momentum remains strong.
📉 Technical Snapshot
✅ Holding firm above breakout zone ₹4,470–₹4,480, confirming trend strength
📊 Healthy volumes → consistent institutional participation
📈 RSI ~75 → momentum strong, though near overbought zone
🔄 Trading well above 10 & 20 EMA, both sloping upwards → classic uptrend continuation
📍 Price action showing higher lows, buyers absorbing dips
📌 Key Levels to Watch
Supports: ₹4,950 (near-term), ₹4,750 (short-term base)
Resistances: ₹5,140–₹5,160 (immediate), breakout above could target ₹5,300+
Sustaining above ₹5,140 may open next leg toward ₹5,280–₹5,320 in coming sessions
💡 Outlook
The consolidation breakout remains intact. As long as the stock holds above ₹4,950, the bias stays bullish. Pullbacks likely to be buying opportunities with trend continuation expected toward new highs.
👉 In short: Bullish bias intact, Buy on dips above ₹4,950, Upside potential: ₹5,300+.