Gold Rush on the Charts: Thangamayil Breaks Out with Conviction

Powerful price expansion after a long base, backed by a clear pickup in volumes Sustained higher highs–higher lows, showing trend strength rather than a one-off spike RSI staying firm in bullish territory, suggesting momentum is holding, not fading After months of consolidation, Thangamayil has entered a decisive up-move. The breakout comes at a time when organised jewellery players continue to gain market share, aided by strong festive demand visibility and balance-sheet discipline. Analysts tracking the space believe that stocks showing clean structure + volume confirmation tend to outperform during sectoral upcycles, though short-term pullbacks cannot be ruled out after sharp rallies.